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Gold Price in January 2003

In January 2003, gold rose 6.0%, from $347.60 at the end of December to $368.30 per troy ounce on January 31, 2003. The highest close was $370.00 on January 28, 2003, the lowest $346.10 on January 2, 2003, and the average over 21 trading days was $358.19. Today's price is 1,021.9% higher than the January 2003 close.

End of December
$347.60
Month-end close
$368.30
Jan 31
Change
+6.0%
High
$370.00
Jan 28
Low
$346.10
Jan 2
Average
$358.19
21 trading days

Gold price chart, January 2003

US dollars per troy ounce · daily close
$344$358$372Dec 31Jan 7Jan 10Jan 16Jan 22Jan 28Jan 31

Daily Gold Prices, January 2003

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Jan 2Thu$346.10−0.43% $11.13
Jan 3Fri$351.20+1.47% $11.29
Jan 6Mon$351.70+0.14% $11.31
Jan 7Tue$347.30−1.25% $11.17
Jan 8Wed$353.90+1.90% $11.38
Jan 9Thu$353.30−0.17% $11.36
Jan 10Fri$354.50+0.34% $11.40
Jan 13Mon$354.70+0.06% $11.40
Jan 14Tue$352.00−0.76% $11.32
Jan 15Wed$350.70−0.37% $11.28
Jan 16Thu$357.70+2.00% $11.50
Jan 17Fri$356.60−0.31% $11.46
Jan 21Tue$357.30+0.20% $11.49
Jan 22Wed$359.70+0.67% $11.56
Jan 23Thu$364.50+1.33% $11.72
Jan 24Fri$368.20+1.02% $11.84
Jan 27Mon$369.40+0.33% $11.88
Jan 28Tue$370.00+0.16% $11.90
Jan 29Wed$366.30−1.00% $11.78
Jan 30Thu$368.60+0.63% $11.85
Jan 31Fri$368.30−0.08% $11.84
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How January usually goes for gold

In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%.

Gold in January 2003: FAQ

What was the price of gold in January 2003?

Gold traded between $346.10 and $370.00 per troy ounce (daily closes) in January 2003, averaging $358.19. It closed the month at $368.30.

How much did gold go up in January 2003?

Gold rose 6.0%, from $347.60 to $368.30. The biggest daily rise was +2.0% on January 16, 2003 and the biggest fall −1.3% on January 7, 2003.

What was the gold price on January 2, 2003?

Gold closed at $346.10 per troy ounce on January 2, 2003, the first trading day of the month.

Is January usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.