Gold price by month

Gold price in June 2003: daily prices, high, low and change

Gold closed June 2003 at $346.00 an ounce, down 5.08% on the month. The highest close was $368.60 on 5 Jun and the lowest $343.90 on 26 Jun. Every trading day below, with ranks and context computed from COMEX data.

Month close$346.0030 June 2003
Monthly change−5.1%vs $364.50 at the end of May 2003
Highest close$368.605 June 2003
Lowest close$343.9026 June 2003

Gold price chart, June 2003 (daily close and high-low range, US$ per ounce)

$350$360$37025101318232630high close $368.60low close $343.90
$350$360$3702612182430$368.60$343.90

Gold line = daily settlement; bars = intraday high to low where available; dashed line = May 2003 close ($364.50).

Daily gold prices in June 2003 (21 trading days)

Daily gold prices, June 2003
DateOpenHighLowCloseChange% change
Mon 2 Jun$360.00$367.00$360.00$366.00+$1.50+0.41%
Tue 3 Jun$365.00$366.90$363.00$365.20−$0.80−0.22%
Wed 4 Jun$366.10$366.10$361.50$362.60−$2.60−0.71%
Thu 5 Jun best day$361.80$370.00$360.90$368.60+$6.00+1.65%
Fri 6 Jun$368.10$368.10$362.00$363.70−$4.90−1.33%
Mon 9 Jun$362.80$366.10$361.20$361.80−$1.90−0.52%
Tue 10 Jun worst day$359.50$362.30$351.50$352.20−$9.60−2.65%
Wed 11 Jun$352.20$356.10$352.20$355.50+$3.30+0.94%
Thu 12 Jun$354.50$355.60$351.00$353.30−$2.20−0.62%
Fri 13 Jun$353.70$357.00$352.30$356.60+$3.30+0.93%
Mon 16 Jun$359.10$359.30$356.50$359.00+$2.40+0.67%
Tue 17 Jun$359.90$365.00$359.90$363.20+$4.20+1.17%
Wed 18 Jun$360.70$361.00$356.80$357.20−$6.00−1.65%
Thu 19 Jun$356.00$363.00$356.00$361.30+$4.10+1.15%
Fri 20 Jun$362.30$362.30$356.00$356.30−$5.00−1.38%
Mon 23 Jun$355.90$357.30$351.50$353.00−$3.30−0.93%
Tue 24 Jun$354.00$354.00$346.30$346.30−$6.70−1.90%
Wed 25 Jun$348.10$349.90$347.70$349.30+$3.00+0.87%
Thu 26 Jun———$343.90−$5.40−1.55%
Fri 27 Jun———$345.20+$1.30+0.38%
Mon 30 Jun———$346.00+$0.80+0.23%

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 3 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

June 2003OpenHighLowCloseChange
Settlements$366.00$368.60$343.90$346.00−5.08%
Intraday$360.00$370.00 5 Jun$346.30 24 Jun$346.00—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2003 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

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 June 2003: summary

It was the steepest monthly fall in the daily record, which starts in August 2000. Gold fell 5.08% in June 2003, settling the month at $346.00 an ounce against $364.50 at the end of May 2003. Settlement prices ranged from $343.90 on 26 June 2003 to $368.60 on 5 June 2003, a spread of $24.70 (6.8%), wider than the 6.2% average of the previous 12 months. Gold closed higher on 10 of 21 trading days and lower on 11; the strongest session was 5 June 2003 (+1.65%) and the weakest 10 June 2003 (−2.65%).

How June 2003 compares

  • Against other Junes: at −5.08%, June 2003 ranks 22nd of 26 Junes since 2001 (best first).
  • Against every month: it ranks 284th of 313 months since September 2000, better than 9% of them.
  • Range: the gap between the highest and lowest close was $24.70, or 6.8% of the opening level, 1.1× the 6.2% average of the previous 12 months.
  • Daily moves: the average day moved 1.04% (up or down), against 0.76% over the previous 12 months, so June 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 −0.46% for 2003 to the end of June and +10.37% over 12 months (against the June 2002 close of $313.50).
  • Average price: the mean of the 21 daily closes was $356.49; the World Bank's monthly average of the London (LBMA) price was $356.00.

Across the other 25 completed Junes since 2001, gold averaged −0.70% and rose in 11 of them (44%). June 2003 lagged that average by 4.4 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Junes side by side.

June 2003 in today's dollars

Adjusted for US consumer-price inflation, the $346.00 closing price equals about $635 in September 2026 dollars (CPI 183.1 in June 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 June 2003?

Gold closed June 2003 at $346.00 an ounce (COMEX settlement). It opened the month at $366.00 and averaged $356.49 across 21 trading days; the World Bank’s London average for the month was $356.00.

Did gold go up in June 2003?

No. Gold was down 5.08% in June 2003, from $364.50 at the end of May 2003 to $346.00. It closed higher on 10 of 21 days. Among Junes since 2001 it ranks 22nd of 26 (best first).

What was the highest gold price in June 2003?

The highest close was $368.60 on 5 June 2003. The highest intraday price in the daily bars was $370.00 on 5 June 2003.

What was the lowest gold price in June 2003?

The lowest close was $343.90 on 26 June 2003, $24.70 (6.8%) below the month’s highest close. The lowest intraday price was $346.30 on 24 June 2003.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.