Gold price in January 2003: daily prices, high, low and change
Gold closed January 2003 at $368.30 an ounce, up 5.96% on the month. The highest close was $370.00 on 28 Jan and the lowest $346.10 on 2 Jan. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, January 2003 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2002 close ($347.60).
Daily gold prices in January 2003 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Thu 2 Jan | — | — | — | $346.10 | −$1.50 | −0.43% |
| Fri 3 Jan | $345.20 | $351.20 | $345.20 | $351.20 | +$5.10 | +1.47% |
| Mon 6 Jan | $351.70 | $351.70 | $351.10 | $351.70 | +$0.50 | +0.14% |
| Tue 7 Jan worst day | $349.30 | $349.30 | $347.30 | $347.30 | −$4.40 | −1.25% |
| Wed 8 Jan | $346.80 | $353.90 | $346.30 | $353.90 | +$6.60 | +1.90% |
| Thu 9 Jan | — | — | — | $353.30 | −$0.60 | −0.17% |
| Fri 10 Jan | $354.20 | $354.50 | $354.20 | $354.50 | +$1.20 | +0.34% |
| Mon 13 Jan | $352.00 | $354.70 | $352.00 | $354.70 | +$0.20 | +0.06% |
| Tue 14 Jan | — | — | — | $352.00 | −$2.70 | −0.76% |
| Wed 15 Jan | $350.00 | $350.70 | $350.00 | $350.70 | −$1.30 | −0.37% |
| Thu 16 Jan best day | — | — | — | $357.70 | +$7.00 | +2.00% |
| Fri 17 Jan | — | — | — | $356.60 | −$1.10 | −0.31% |
| Tue 21 Jan | $357.30 | $357.30 | $356.20 | $357.30 | +$0.70 | +0.20% |
| Wed 22 Jan | $360.50 | $360.50 | $359.00 | $359.70 | +$2.40 | +0.67% |
| Thu 23 Jan | — | — | — | $364.50 | +$4.80 | +1.33% |
| Fri 24 Jan | $368.20 | $368.20 | $367.00 | $368.20 | +$3.70 | +1.02% |
| Mon 27 Jan | $371.00 | $372.00 | $369.40 | $369.40 | +$1.20 | +0.33% |
| Tue 28 Jan | $369.00 | $370.00 | $369.00 | $370.00 | +$0.60 | +0.16% |
| Wed 29 Jan | — | — | — | $366.30 | −$3.70 | −1.00% |
| Thu 30 Jan | $366.00 | $370.00 | $362.60 | $368.60 | +$2.30 | +0.63% |
| Fri 31 Jan | $368.80 | $371.50 | $367.00 | $368.30 | −$0.30 | −0.08% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 7 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| January 2003 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $346.10 | $370.00 | $346.10 | $368.30 | +5.96% |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2003 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in January 2003: summary
Gold gained 5.96% in January 2003, finishing at $368.30 an ounce against $347.60 at the end of December 2002. Settlement prices ranged from $346.10 on 2 January 2003 to $370.00 on 28 January 2003, a spread of $23.90 (6.9%), wider than the 4.9% average of the previous 12 months. Gold closed higher on 13 of 21 trading days and lower on 8; the strongest session was 16 January 2003 (+2.00%) and the weakest 7 January 2003 (−1.25%).
How January 2003 compares
- Against other Januaries: at +5.96%, January 2003 ranks 7th of 26 Januaries since 2001 (best first).
- Against every month: it ranks 51st of 313 months since September 2000, better than 84% of them.
- Range: the gap between the highest and lowest close was $23.90, or 6.9% of the opening level, 1.4× the 4.9% average of the previous 12 months.
- Daily moves: the average day moved 0.70% (up or down), against 0.65% over the previous 12 months, so January 2003 was about as volatile as usual.
- Streaks: the longest run of higher closes was 6 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +30.56% over 12 months (against the January 2002 close of $282.10).
- Average price: the mean of the 21 daily closes was $358.19; the World Bank's monthly average of the London (LBMA) price was $357.00.
Across the other 25 completed Januaries since 2001, gold averaged +2.83% and rose in 16 of them (64%). January 2003 beat that average by 3.1 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Januaries side by side.
January 2003 in today's dollars
Adjusted for US consumer-price inflation, the $368.30 closing price equals about $678 in September 2026 dollars (CPI 182.6 in January 2003 against 336.3 in September 2026, FRED series CPIAUCSL), 84% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2003
The gold price in 2003 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in January 2003?
Gold closed January 2003 at $368.30 an ounce (COMEX settlement). It opened the month at $346.10 and averaged $358.19 across 21 trading days; the World Bank’s London average for the month was $357.00.
Did gold go up in January 2003?
Yes. Gold was up 5.96% in January 2003, from $347.60 at the end of December 2002 to $368.30. It closed higher on 13 of 21 days. Among Januaries since 2001 it ranks 7th of 26 (best first).
What was the highest gold price in January 2003?
The highest close was $370.00 on 28 January 2003.
What was the lowest gold price in January 2003?
The lowest close was $346.10 on 2 January 2003, $23.90 (6.9%) below the month’s highest close.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.