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Gold Price in December 2003

In December 2003, gold rose 4.8%, from $396.80 at the end of November to $415.70 per troy ounce on December 31, 2003. The highest close was $416.90 on December 30, 2003, the lowest $402.70 on December 1, 2003, and the average over 21 trading days was $408.80. Today's price is 872.4% higher than the December 2003 close.

End of November
$396.80
Month-end close
$415.70
Dec 31
Change
+4.8%
High
$416.90
Dec 30
Low
$402.70
Dec 1
Average
$408.80
21 trading days

Gold price chart, December 2003

US dollars per troy ounce · daily close
$395$407$419Nov 26Dec 4Dec 9Dec 15Dec 18Dec 24Dec 31

Daily Gold Prices, December 2003

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Dec 1Mon$402.70+1.49% $12.95 ₹5,918AED 47.54
Dec 2Tue$403.70+0.25% $12.98 ₹5,922AED 47.65
Dec 3Wed$403.90+0.05% $12.99 ₹5,915AED 47.68
Dec 4Thu$403.30−0.15% $12.97 ₹5,906AED 47.61
Dec 5Fri$406.40+0.77% $13.07 ₹5,938AED 47.98
Dec 8Mon$406.60+0.05% $13.07 ₹5,944AED 48.00
Dec 9Tue$408.20+0.39% $13.12 ₹5,962AED 48.19
Dec 10Wed$406.20−0.49% $13.06 ₹5,925AED 47.95
Dec 11Thu$404.60−0.39% $13.01 ₹5,912AED 47.76
Dec 12Fri$409.40+1.19% $13.16 ₹5,979AED 48.33
Dec 15Mon$409.20−0.05% $13.16 ₹5,982AED 48.30
Dec 16Tue$407.70−0.37% $13.11 ₹5,960AED 48.13
Dec 17Wed$412.00+1.05% $13.25 ₹6,012AED 48.64
Dec 18Thu$410.40−0.39% $13.19 ₹5,994AED 48.45
Dec 19Fri$409.20−0.29% $13.16 ₹5,976AED 48.31
Dec 22Mon$410.60+0.34% $13.20 ₹6,000AED 48.47
Dec 23Tue$411.00+0.10% $13.21 ₹5,998AED 48.52
Dec 24Wed$412.30+0.32% $13.26 ₹6,024AED 48.67
Dec 29Mon$414.80+0.61% $13.34 ₹6,074AED 48.97
Dec 30Tue$416.90+0.51% $13.40 ₹6,099AED 49.21
Dec 31Wed$415.70−0.29% $13.37 ₹6,085AED 49.07
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How December usually goes for gold

In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%.

Gold in December 2003: FAQ

What was the price of gold in December 2003?

Gold traded between $402.70 and $416.90 per troy ounce (daily closes) in December 2003, averaging $408.80. It closed the month at $415.70.

How much did gold go up in December 2003?

Gold rose 4.8%, from $396.80 to $415.70. The biggest daily rise was +1.5% on December 1, 2003 and the biggest fall −0.5% on December 10, 2003.

What was the gold price on December 1, 2003?

Gold closed at $402.70 per troy ounce on December 1, 2003, the first trading day of the month. 24K India, ₹ per 10 g: ₹5,918.

Is December usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.