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Gold Price in April 2003

In April 2003, gold rose 1.8%, from $335.90 at the end of March to $342.10 per troy ounce on April 30, 2003. The highest close was $342.10 on April 30, 2003, the lowest $321.50 on April 6, 2003, and the average over 25 trading days was $329.82. Today's price is 1,033.2% higher than the April 2003 close.

Gold ended April higher. What usually happens in May after a higher April →

  • Gold rose 1.8% in US dollars in April 2003, leaving it down 1.6% for the year to date.
  • Measured in other currencies, the change ranged from +1.0% in PKR to +5.0% in EGP, because exchange rates moved too.
  • It did worse than silver (+6.7%) and US stocks (+8.2%).
  • It closed higher on 14 trading days and lower on 8, with an average daily move of 0.65%.
  • At the end of the month it was 9.7% below its highest close since 2000.
  • Gold/silver ratio: 75.3 → 71.9.
End of March
$335.90
Month-end close
$342.10
Apr 30
Change
+1.8%
High
$342.10
Apr 30
Low
$321.50
Apr 6
Average
$329.82
25 trading days

Gold price chart, April 2003

US dollars per troy ounce · daily close
$320$332$344Mar 31Apr 4Apr 9Apr 15Apr 21Apr 25Apr 30

Gold in other currencies, April 2003

CurrencyChange in the month
EGP+5.0%
JPY+2.4%
CNY+1.8%
PKR+1.0%

Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.

Gold vs other assets, April 2003

AssetChange (USD)
Gold+1.8%
Silver+6.7%
S&P 500 (with dividends)+8.2%
US inflation (CPI, month)−0.22%
Gold, year to date (end of April)−1.6%
Gold/silver ratio75.3 → 71.9

Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.

Daily Gold Prices, April 2003

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Apr 1Tue$334.30−0.48% $10.75
Apr 2Wed$329.60−1.41% $10.60
Apr 3Thu$324.90−1.43% $10.45
Apr 4Fri$325.30+0.12% $10.46
Apr 6Sun$321.50−1.17% $10.34
Apr 7Mon$322.20+0.22% $10.36
Apr 8Tue$325.60+1.06% $10.47
Apr 9Wed$326.70+0.34% $10.50
Apr 10Thu$327.90+0.37% $10.54
Apr 11Fri$327.900.00% $10.54
Apr 13Sun$324.20−1.13% $10.42
Apr 14Mon$324.90+0.22% $10.45
Apr 15Tue$325.80+0.28% $10.47
Apr 16Wed$327.20+0.43% $10.52
Apr 17Thu$327.200.00% $10.52
Apr 20Sun$333.50+1.93% $10.72
Apr 21Mon$334.40+0.27% $10.75
Apr 22Tue$331.50−0.87% $10.66
Apr 23Wed$334.80+1.00% $10.76
Apr 24Thu$333.40−0.42% $10.72
Apr 25Fri$333.400.00% $10.72
Apr 27Sun$334.50+0.33% $10.75
Apr 28Mon$333.70−0.24% $10.73
Apr 29Tue$339.10+1.62% $10.90
Apr 30Wed$342.10+0.88% $11.00
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How April usually goes for gold

In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.3% and a median of +0.8%. Every April since 1971 →

Gold in April 2003: FAQ

What was the price of gold in April 2003?

Gold traded between $321.50 and $342.10 per troy ounce (daily closes) in April 2003, averaging $329.82. It closed the month at $342.10.

How much did gold go up in April 2003?

Gold rose 1.8%, from $335.90 to $342.10. The biggest daily rise was +1.9% on April 20, 2003 and the biggest fall −1.4% on April 3, 2003.

What was the gold price on April 1, 2003?

Gold closed at $334.30 per troy ounce on April 1, 2003, the first trading day of the month.

Is April usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.3% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.

Did gold beat stocks in April 2003?

No. Gold was +1.8% for the month, against +8.2% for the S&P 500 with dividends.

Did gold keep up with inflation in April 2003?

US consumer prices (CPI) changed −0.22% in April, so gold's real (inflation-adjusted) change was about +2.1%.

Cite this page

For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.

APA 7
Corgano. (2026, November 1). Gold price in April 2003. Corgano Gold Price. Retrieved November 1, 2026, from https://goldprice.corgano.com/gold-price-history/2003/april
MLA 9
“Gold Price in April 2003.” Corgano Gold Price, goldprice.corgano.com/gold-price-history/2003/april. Accessed 1 Nov. 2026.
Chicago
Corgano. “Gold Price in April 2003.” Corgano Gold Price. Accessed November 1, 2026. https://goldprice.corgano.com/gold-price-history/2003/april.
BibTeX
@misc{corgano2026goldpriceinapril, author = {{Corgano}}, title = {Gold Price in April 2003}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2003/april}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}
Link
Gold Price in April 2003 — Corgano Gold Price: https://goldprice.corgano.com/gold-price-history/2003/april