Gold Price in 2003
The gold price rose 19.9% in 2003, from $347.20 at the end of 2002 to $416.25. Its highest close was $416.25 on Dec 30, and its lowest $319.90 on Apr 7. The biggest one-day fall was −3.4% on Oct 6 and the biggest rise +3.0% on Aug 27. Adjusted for inflation, it gained 17.7%.
Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2003 →
Gold Price, daily closes 2003
Numbers mark the events belowKey Events in 2003
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
- 2
Wednesday, August 27 From the dataBiggest one-day rise of the year: +3.0%.
- 3
Monday, October 6 From the dataBiggest one-day fall of the year: −3.4%.
- 4
Tuesday, December 30 From the dataBack above its pre-bear-market peak of $414.80 (February 5, 1996).
Biggest days of 2003
| Best days | Worst days | ||
|---|---|---|---|
| Aug 27 | +3.0% | Oct 6 | −3.4% |
| Mar 4 | +2.3% | Mar 13 | −3.4% |
| Jan 6 | +2.1% | May 28 | −3.2% |
| May 20 | +2.0% | Jun 10 | −2.3% |
| Sep 9 | +2.0% | Feb 12 | −2.1% |
Volatility: 15.6% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $367.50 | +5.8% |
| Feb | $347.45 | −5.5% |
| Mar | $334.85 | −3.6% |
| Apr | $336.75 | +0.6% |
| May | $361.40 | +7.3% |
| Jun | $346.00 | −4.3% |
| Jul | $354.75 | +2.5% |
| Aug | $375.60 | +5.9% |
| Sep | $388.00 | +3.3% |
| Oct | $386.25 | −0.5% |
| Nov | $398.35 | +3.1% |
| Dec | $416.25 | +4.5% |
Other Markets in 2003
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | +19.9% | $416.25 |
| Dow Jones Industrial Average in 2003 | +25.3% | 10,453.92 |
| S&P 500 in 2003 | +26.4% | 1,111.92 |
| Nasdaq Composite in 2003 | +50.0% | 2,003.37 |
| Russell 2000 in 2003 | +45.4% | 556.91 |
| Nikkei 225 in 2003 | +24.5% | 10,676.64 |
| Silver in 2003 | +27.8% | $5.97 |
| WTI crude oil in 2003 | +4.2% | $32.51 |
| Brent crude oil in 2003 | +0.6% | $30.30 |
| US 10-year Treasury yield in 2003 | +0.44 pp | 4.27% |
Gold Price in 2003: FAQ
How much did the gold price rise in 2003?
The gold price rose 19.9% in 2003, from $347.20 at the end of 2002 to $416.25. Its highest close was $416.25 on Dec 30, and its lowest $319.90 on Apr 7. The biggest one-day fall was −3.4% on Oct 6 and the biggest rise +3.0% on Aug 27. Adjusted for inflation, it gained 17.7%.
What were the highest and lowest closes of the gold price in 2003?
Highest: $416.25 on December 30, 2003. Lowest: $319.90 on April 7, 2003. It closed higher on 141 of 256 trading days.
What happened to the gold price on March 20, 2003?
US-led coalition invades Iraq. The gold price rose 0.0% that day, and was −2.6% a month later.
Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
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{corgano2026goldpricein2003, author = {{Corgano}}, title = {Gold Price in 2003}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2003}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}