Gold4,027.93+0.10%Silver54.67+0.13%Platinum1,571.35+0.24%Palladium1,055.90−0.05%
Gold/Silver73.68
DXY101.50−0.11%
US10Y4.95%−3.75%
WTI99.17−0.30%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,414+0.12%
VIX19.03+14.09%

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 →

Change in 2003
+19.9%
$347.20 → $416.25
High
$416.25
Dec 30
Low
$319.90
Apr 7
After inflation
+17.7%
US CPI
Up days
141 of 256
longest run 9 up, 6 down
Below record
-51.0%
at the end of 2003

Gold Price, daily closes 2003

Numbers mark the events below
$329$368$407JanFebMarAprMayJunJulAugSepOctNovDec1Mar 20: US-led coalition invades Iraq.2Aug 27: Biggest one-day rise of the year: +3.0%.3Oct 6: Biggest one-day fall of the year: −3.4%.4Dec 30: Back above its pre-bear-market peak of $414.80 (February 5, 1996).

Key Events in 2003

What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.

  1. 1
    Thursday, March 20
    US-led coalition invades Iraq. Source
    Gold: 0.0% that day · −2.6% a month later
  2. 2
    Wednesday, August 27 From the data
    Biggest one-day rise of the year: +3.0%.
  3. 3
    Monday, October 6 From the data
    Biggest one-day fall of the year: −3.4%.
  4. 4
    Tuesday, December 30 From the data
    Back above its pre-bear-market peak of $414.80 (February 5, 1996).

Biggest days of 2003

Best daysWorst 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

MonthCloseChangeHighLow
Jan$367.50+5.8%$369.90$343.80
Feb$347.45−5.5%$382.10$344.10
Mar$334.85−3.6%$354.70$329.45
Apr$336.75+0.6%$336.75$319.90
May$361.40+7.3%$371.40$340.50
Jun$346.00−4.3%$366.75$343.85
Jul$354.75+2.5%$365.60$342.50
Aug$375.60+5.9%$375.60$347.50
Sep$388.00+3.3%$390.70$370.00
Oct$386.25−0.5%$388.25$370.25
Nov$398.35+3.1%$398.35$377.90
Dec$416.25+4.5%$416.25$400.25

Other Markets in 2003

Change over the calendar year.

MarketChangeYear-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 pp4.27%

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.