Gold price in March 2003: daily prices, high, low and change
Gold closed March 2003 at $335.90 an ounce, down 4.08% on the month. The highest close was $356.80 on 6 Mar and the lowest $326.00 on 21 Mar. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, March 2003 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2003 close ($350.20).
Daily gold prices in March 2003 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 3 Mar | — | — | — | $349.20 | −$1.00 | −0.29% |
| Tue 4 Mar | — | — | — | $353.20 | +$4.00 | +1.15% |
| Wed 5 Mar | — | — | — | $353.10 | −$0.10 | −0.03% |
| Thu 6 Mar | — | — | — | $356.80 | +$3.70 | +1.05% |
| Fri 7 Mar | — | — | — | $350.80 | −$6.00 | −1.68% |
| Mon 10 Mar | — | — | — | $354.70 | +$3.90 | +1.11% |
| Tue 11 Mar | — | — | — | $350.50 | −$4.20 | −1.18% |
| Wed 12 Mar | — | — | — | $346.50 | −$4.00 | −1.14% |
| Thu 13 Mar worst day | $342.70 | $342.70 | $335.90 | $335.90 | −$10.60 | −3.06% |
| Fri 14 Mar | — | — | — | $336.50 | +$0.60 | +0.18% |
| Mon 17 Mar | $343.00 | $343.00 | $337.10 | $337.10 | +$0.60 | +0.18% |
| Tue 18 Mar | $336.00 | $340.10 | $336.00 | $337.60 | +$0.50 | +0.15% |
| Wed 19 Mar | — | — | — | $336.10 | −$1.50 | −0.44% |
| Thu 20 Mar | — | — | — | $332.90 | −$3.20 | −0.95% |
| Fri 21 Mar | — | — | — | $326.00 | −$6.90 | −2.07% |
| Mon 24 Mar | — | — | — | $329.50 | +$3.50 | +1.07% |
| Tue 25 Mar | — | — | — | $328.40 | −$1.10 | −0.33% |
| Wed 26 Mar | — | — | — | $330.30 | +$1.90 | +0.58% |
| Thu 27 Mar | — | — | — | $328.70 | −$1.60 | −0.48% |
| Fri 28 Mar | $331.50 | $331.50 | $328.70 | $328.70 | $0.00 | 0.00% |
| Mon 31 Mar best day | $331.60 | $336.40 | $331.60 | $335.90 | +$7.20 | +2.19% |
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 16 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
| March 2003 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $349.20 | $356.80 | $326.00 | $335.90 | −4.08% |
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 March 2003: summary
Gold declined 4.08% in March 2003, from $350.20 at the end of February 2003 to $335.90 an ounce. Settlement prices ranged from $326.00 on 21 March 2003 to $356.80 on 6 March 2003, a spread of $30.80 (8.8%), wider than the 5.5% average of the previous 12 months. Gold closed higher on 9 of 21 trading days and lower on 11; the strongest session was 31 March 2003 (+2.19%) and the weakest 13 March 2003 (−3.06%).
On the monthly change, March 2003 was the 3rd-worst March of the 26 since 2001.
How March 2003 compares
- Against other Marches: at −4.08%, March 2003 ranks 24th of 26 Marches since 2001 (best first).
- Against every month: it ranks 274th of 313 months since September 2000, better than 12% of them.
- Range: the gap between the highest and lowest close was $30.80, or 8.8% of the opening level, 1.6× the 5.5% average of the previous 12 months.
- Daily moves: the average day moved 0.92% (up or down), against 0.70% over the previous 12 months, so March 2003 was more volatile than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was −3.37% for 2003 to the end of March and +11.00% over 12 months (against the March 2002 close of $302.60).
- Average price: the mean of the 21 daily closes was $339.92; the World Bank's monthly average of the London (LBMA) price was $341.00.
Across the other 25 completed Marches since 2001, gold averaged +0.38% and rose in 12 of them (48%). March 2003 lagged that average by 4.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Marches side by side.
March 2003 in today's dollars
Adjusted for US consumer-price inflation, the $335.90 closing price equals about $614 in September 2026 dollars (CPI 183.9 in March 2003 against 336.3 in September 2026, FRED series CPIAUCSL), 83% 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 March 2003?
Gold closed March 2003 at $335.90 an ounce (COMEX settlement). It opened the month at $349.20 and averaged $339.92 across 21 trading days; the World Bank’s London average for the month was $341.00.
Did gold go up in March 2003?
No. Gold was down 4.08% in March 2003, from $350.20 at the end of February 2003 to $335.90. It closed higher on 9 of 21 days. Among Marches since 2001 it ranks 24th of 26 (best first).
What was the highest gold price in March 2003?
The highest close was $356.80 on 6 March 2003.
What was the lowest gold price in March 2003?
The lowest close was $326.00 on 21 March 2003, $30.80 (8.8%) 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.