Gold price in July 2003: daily prices, high, low and change
Gold closed July 2003 at $354.00 an ounce, up 2.31% on the month. The highest close was $364.80 on 28 Jul and the lowest $342.10 on 15 Jul. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, July 2003 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2003 close ($346.00).
Daily gold prices in July 2003 (22 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 1 Jul | — | — | — | $351.40 | +$5.40 | +1.56% |
| Wed 2 Jul | — | — | — | $351.30 | −$0.10 | −0.03% |
| Thu 3 Jul | — | — | — | $351.00 | −$0.30 | −0.09% |
| Mon 7 Jul | — | — | — | $348.10 | −$2.90 | −0.83% |
| Tue 8 Jul | — | — | — | $344.10 | −$4.00 | −1.15% |
| Wed 9 Jul | — | — | — | $343.60 | −$0.50 | −0.15% |
| Thu 10 Jul | — | — | — | $344.30 | +$0.70 | +0.20% |
| Fri 11 Jul | — | — | — | $344.80 | +$0.50 | +0.15% |
| Mon 14 Jul | — | — | — | $347.70 | +$2.90 | +0.84% |
| Tue 15 Jul worst day | — | — | — | $342.10 | −$5.60 | −1.61% |
| Wed 16 Jul | — | — | — | $343.10 | +$1.00 | +0.29% |
| Thu 17 Jul | — | — | — | $344.20 | +$1.10 | +0.32% |
| Fri 18 Jul | — | — | — | $347.20 | +$3.00 | +0.87% |
| Mon 21 Jul | — | — | — | $350.90 | +$3.70 | +1.07% |
| Tue 22 Jul | — | — | — | $350.60 | −$0.30 | −0.09% |
| Wed 23 Jul best day | — | — | — | $358.60 | +$8.00 | +2.28% |
| Thu 24 Jul | — | — | — | $362.20 | +$3.60 | +1.00% |
| Fri 25 Jul | — | — | — | $362.70 | +$0.50 | +0.14% |
| Mon 28 Jul | — | — | — | $364.80 | +$2.10 | +0.58% |
| Tue 29 Jul | — | — | — | $361.70 | −$3.10 | −0.85% |
| Wed 30 Jul | $361.10 | $362.00 | $354.50 | $356.20 | −$5.50 | −1.52% |
| Thu 31 Jul | $354.70 | $357.50 | $353.00 | $354.00 | −$2.20 | −0.62% |
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 20 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
| July 2003 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $351.40 | $364.80 | $342.10 | $354.00 | +2.31% |
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 July 2003: summary
Gold climbed 2.31% in July 2003, settling the month at $354.00 an ounce against $346.00 at the end of June 2003. Gold closed higher on 12 of 22 trading days and lower on 10; the strongest session was 23 July 2003 (+2.28%) and the weakest 15 July 2003 (−1.61%). Settlement prices ranged from $342.10 on 15 July 2003 to $364.80 on 28 July 2003, a spread of $22.70 (6.6%), wider than the 6.4% average of the previous 12 months.
How July 2003 compares
- Against other Julys: at +2.31%, July 2003 ranks 10th of 26 Julys since 2001 (best first).
- Against every month: it ranks 123rd of 313 months since September 2000, better than 61% of them.
- Range: the gap between the highest and lowest close was $22.70, or 6.6% of the opening level, 1.0× the 6.4% average of the previous 12 months.
- Daily moves: the average day moved 0.74% (up or down), against 0.79% over the previous 12 months, so July 2003 was about as volatile as usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 5 days.
- Bigger picture: at the month-end close gold was +1.84% for 2003 to the end of July and +16.75% over 12 months (against the July 2002 close of $303.20).
- Average price: the mean of the 22 daily closes was $351.12; the World Bank's monthly average of the London (LBMA) price was $351.00.
Across the other 25 completed Julys since 2001, gold averaged +0.87% and rose in 14 of them (56%). July 2003 beat that average by 1.4 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Julys side by side.
July 2003 in today's dollars
Adjusted for US consumer-price inflation, the $354.00 closing price equals about $648 in September 2026 dollars (CPI 183.7 in July 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 July 2003?
Gold closed July 2003 at $354.00 an ounce (COMEX settlement). It opened the month at $351.40 and averaged $351.12 across 22 trading days; the World Bank’s London average for the month was $351.00.
Did gold go up in July 2003?
Yes. Gold was up 2.31% in July 2003, from $346.00 at the end of June 2003 to $354.00. It closed higher on 12 of 22 days. Among Julys since 2001 it ranks 10th of 26 (best first).
What was the highest gold price in July 2003?
The highest close was $364.80 on 28 July 2003.
What was the lowest gold price in July 2003?
The lowest close was $342.10 on 15 July 2003, $22.70 (6.6%) 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.