Gold price in November 2003: daily prices, high, low and change
Gold closed November 2003 at $396.80 an ounce, up 3.20% on the month. The highest close was $397.80 on 14 Nov and the lowest $377.00 on 3 Nov. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, November 2003 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2003 close ($384.50).
Daily gold prices in November 2003 (18 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 3 Nov worst day | — | — | — | $377.00 | −$7.50 | −1.95% |
| Tue 4 Nov | — | — | — | $379.90 | +$2.90 | +0.77% |
| Wed 5 Nov | — | — | — | $382.60 | +$2.70 | +0.71% |
| Thu 6 Nov | — | — | — | $380.60 | −$2.00 | −0.52% |
| Fri 7 Nov | — | — | — | $383.30 | +$2.70 | +0.71% |
| Mon 10 Nov | — | — | — | $386.60 | +$3.30 | +0.86% |
| Tue 11 Nov | — | — | — | $388.10 | +$1.50 | +0.39% |
| Wed 12 Nov best day | — | — | — | $394.90 | +$6.80 | +1.75% |
| Thu 13 Nov | — | — | — | $394.10 | −$0.80 | −0.20% |
| Fri 14 Nov | — | — | — | $397.80 | +$3.70 | +0.94% |
| Mon 17 Nov | — | — | — | $391.50 | −$6.30 | −1.58% |
| Tue 18 Nov | — | — | — | $397.60 | +$6.10 | +1.56% |
| Wed 19 Nov | — | — | — | $394.90 | −$2.70 | −0.68% |
| Thu 20 Nov | — | — | — | $393.70 | −$1.20 | −0.30% |
| Fri 21 Nov | — | — | — | $396.00 | +$2.30 | +0.58% |
| Mon 24 Nov | — | — | — | $391.50 | −$4.50 | −1.14% |
| Tue 25 Nov | $391.50 | $393.20 | $389.50 | $391.10 | −$0.40 | −0.10% |
| Wed 26 Nov | $390.70 | $402.00 | $390.60 | $396.80 | +$5.70 | +1.46% |
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
| November 2003 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $377.00 | $397.80 | $377.00 | $396.80 | +3.20% |
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 November 2003: summary
Gold gained 3.20% in November 2003, finishing at $396.80 an ounce against $384.50 at the end of October 2003. Gold closed higher on 10 of 18 trading days and lower on 8; the strongest session was 12 November 2003 (+1.75%) and the weakest 3 November 2003 (−1.95%). Settlement prices ranged from $377.00 on 3 November 2003 to $397.80 on 14 November 2003, a spread of $20.80 (5.4%), narrower than the 6.9% average of the previous 12 months.
How November 2003 compares
- Against other Novembers: at +3.20%, November 2003 ranks 8th of 26 Novembers since 2000 (best first).
- Against every month: it ranks 94th of 313 months since September 2000, better than 70% of them.
- Range: the gap between the highest and lowest close was $20.80, or 5.4% of the opening level, 0.8× the 6.9% average of the previous 12 months.
- Daily moves: the average day moved 0.90% (up or down), against 0.84% over the previous 12 months, so November 2003 was about as volatile as usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +14.15% for 2003 to the end of November and +25.25% over 12 months (against the November 2002 close of $316.80).
- Average price: the mean of the 18 daily closes was $389.89; the World Bank's monthly average of the London (LBMA) price was $390.00.
Across the other 25 completed Novembers since 2000, gold averaged +1.26% and rose in 14 of them (56%). November 2003 beat that average by 1.9 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Novembers side by side.
November 2003 in today's dollars
Adjusted for US consumer-price inflation, the $396.80 closing price equals about $721 in September 2026 dollars (CPI 185.0 in November 2003 against 336.3 in September 2026, FRED series CPIAUCSL), 82% 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 November 2003?
Gold closed November 2003 at $396.80 an ounce (COMEX settlement). It opened the month at $377.00 and averaged $389.89 across 18 trading days; the World Bank’s London average for the month was $390.00.
Did gold go up in November 2003?
Yes. Gold was up 3.20% in November 2003, from $384.50 at the end of October 2003 to $396.80. It closed higher on 10 of 18 days. Among Novembers since 2000 it ranks 8th of 26 (best first).
What was the highest gold price in November 2003?
The highest close was $397.80 on 14 November 2003.
What was the lowest gold price in November 2003?
The lowest close was $377.00 on 3 November 2003, $20.80 (5.4%) 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.