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.