Gold Price in June 2003
In June 2003, gold fell 3.6%, from $364.50 at the end of May to $351.40 per troy ounce on June 30, 2003. The highest close was $368.60 on June 4, 2003, the lowest $343.90 on June 25, 2003, and the average over 26 trading days was $356.13. Today's price is 1,003.2% higher than the June 2003 close.
Gold ended June lower. What usually happens in July after a lower June →
- Gold fell 3.6% in US dollars in June 2003, leaving it up 1.1% for the year to date.
- Measured in other currencies, the change ranged from −3.6% in JPY to −3.6% in PKR, because exchange rates moved too.
- It did worse than silver (+1.1%) and US stocks (+1.3%).
- It closed higher on 11 trading days and lower on 11, with an average daily move of 0.90%.
- At the end of the month it was 7.3% below its highest close since 2000.
- Gold/silver ratio: 80.5 → 76.8.
Gold price chart, June 2003
US dollars per troy ounce · daily closeGold in other currencies, June 2003
| Currency | Change in the month |
|---|---|
| PKR | −3.6% |
| CNY | −3.6% |
| EGP | −3.6% |
| JPY | −3.6% |
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, June 2003
| Asset | Change (USD) |
|---|---|
| Gold | −3.6% |
| Silver | +1.1% |
| S&P 500 (with dividends) | +1.3% |
| US inflation (CPI, month) | +0.11% |
| Gold, year to date (end of June) | +1.1% |
| Gold/silver ratio | 80.5 → 76.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, June 2003
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Jun 1Sun | $366.00 | +0.41% | $11.77 |
| Jun 2Mon | $365.20 | −0.22% | $11.74 |
| Jun 3Tue | $362.60 | −0.71% | $11.66 |
| Jun 4Wed | $368.60 | +1.65% | $11.85 |
| Jun 5Thu | $363.70 | −1.33% | $11.69 |
| Jun 6Fri | $363.70 | 0.00% | $11.69 |
| Jun 8Sun | $361.80 | −0.52% | $11.63 |
| Jun 9Mon | $352.20 | −2.65% | $11.32 |
| Jun 10Tue | $355.50 | +0.94% | $11.43 |
| Jun 11Wed | $353.30 | −0.62% | $11.36 |
| Jun 12Thu | $356.60 | +0.93% | $11.46 |
| Jun 13Fri | $356.60 | 0.00% | $11.46 |
| Jun 15Sun | $359.00 | +0.67% | $11.54 |
| Jun 16Mon | $363.20 | +1.17% | $11.68 |
| Jun 17Tue | $357.20 | −1.65% | $11.48 |
| Jun 18Wed | $361.30 | +1.15% | $11.62 |
| Jun 19Thu | $356.30 | −1.38% | $11.46 |
| Jun 20Fri | $356.30 | 0.00% | $11.46 |
| Jun 22Sun | $353.00 | −0.93% | $11.35 |
| Jun 23Mon | $346.30 | −1.90% | $11.13 |
| Jun 24Tue | $349.30 | +0.87% | $11.23 |
| Jun 25Wed | $343.90 | −1.55% | $11.06 |
| Jun 26Thu | $345.20 | +0.38% | $11.10 |
| Jun 27Fri | $345.20 | 0.00% | $11.10 |
| Jun 29Sun | $346.00 | +0.23% | $11.12 |
| Jun 30Mon | $351.40 | +1.56% | $11.30 |
How June usually goes for gold
In the 20 years from 2006 to 2025, gold rose in June 7 times out of 20, with an average move of −0.6% and a median of −1.8%. Every June since 1971 →
Gold in June 2003: FAQ
What was the price of gold in June 2003?
Gold traded between $343.90 and $368.60 per troy ounce (daily closes) in June 2003, averaging $356.13. It closed the month at $351.40.
How much did gold go down in June 2003?
Gold fell 3.6%, from $364.50 to $351.40. The biggest daily rise was +1.7% on June 4, 2003 and the biggest fall −2.7% on June 9, 2003.
What was the gold price on June 1, 2003?
Gold closed at $366.00 per troy ounce on June 1, 2003, the first trading day of the month.
Is June usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in June 7 times out of 20, with an average move of −0.6% and a median of −1.8%. Past seasonal patterns are not a reliable guide to any single year.
Did gold beat stocks in June 2003?
No. Gold was −3.6% for the month, against +1.3% for the S&P 500 with dividends.
Did gold keep up with inflation in June 2003?
US consumer prices (CPI) changed +0.11% in June, so gold's real (inflation-adjusted) change was about −3.7%.
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.
@misc{corgano2026goldpriceinjune, author = {{Corgano}}, title = {Gold Price in June 2003}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2003/june}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}