Gold price by month

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

Gold closed December 2003 at $415.70 an ounce, up 4.76% on the month. The highest close was $416.90 on 30 Dec and the lowest $402.70 on 1 Dec. Every trading day below, with ranks and context computed from COMEX data.

Month close$415.7031 December 2003
Monthly change+4.8%vs $396.80 at the end of November 2003
Highest close$416.9030 December 2003
Lowest close$402.701 December 2003

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

$400$405$410$4151491217222931high close $416.90low close $402.70
$400$4101511172331$416.90$402.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = November 2003 close ($396.80).

Daily gold prices in December 2003 (21 trading days)

Daily gold prices, December 2003
DateOpenHighLowCloseChange% change
Mon 1 Dec best day$397.20$402.90$397.00$402.70+$5.90+1.49%
Tue 2 Dec$402.00$406.00$399.50$403.70+$1.00+0.25%
Wed 3 Dec$403.20$404.00$401.50$403.90+$0.20+0.05%
Thu 4 Dec$403.90$405.00$400.00$403.30−$0.60−0.15%
Fri 5 Dec$402.50$406.80$400.00$406.40+$3.10+0.77%
Mon 8 Dec$409.00$409.50$405.30$406.60+$0.20+0.05%
Tue 9 Dec$407.00$409.10$406.50$408.20+$1.60+0.39%
Wed 10 Dec worst day$406.90$412.00$405.80$406.20−$2.00−0.49%
Thu 11 Dec$405.80$407.00$402.70$404.60−$1.60−0.39%
Fri 12 Dec$406.10$409.90$406.10$409.40+$4.80+1.19%
Mon 15 Dec$401.60$411.00$401.60$409.20−$0.20−0.05%
Tue 16 Dec$410.00$410.00$407.00$407.70−$1.50−0.37%
Wed 17 Dec———$412.00+$4.30+1.05%
Thu 18 Dec$413.20$413.20$408.00$410.40−$1.60−0.39%
Fri 19 Dec$410.80$411.20$408.10$409.20−$1.20−0.29%
Mon 22 Dec$409.60$411.50$409.60$410.60+$1.40+0.34%
Tue 23 Dec$410.40$411.50$409.80$411.00+$0.40+0.10%
Wed 24 Dec$411.50$413.20$410.50$412.30+$1.30+0.32%
Mon 29 Dec$414.10$415.80$413.00$414.80+$2.50+0.61%
Tue 30 Dec———$416.90+$2.10+0.51%
Wed 31 Dec———$415.70−$1.20−0.29%

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

December 2003OpenHighLowCloseChange
Settlements$402.70$416.90$402.70$415.70+4.76%
Intraday$397.20$415.80 29 Dec$397.00 1 Dec$415.70—

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 December 2003: summary

Gold gained 4.76% in December 2003, settling the month at $415.70 an ounce against $396.80 at the end of November 2003. Gold closed higher on 13 of 21 trading days and lower on 8; the strongest session was 1 December 2003 (+1.49%) and the weakest 10 December 2003 (−0.49%). Settlement prices ranged from $402.70 on 1 December 2003 to $416.90 on 30 December 2003, a spread of $14.20 (3.6%), narrower than the 7.1% average of the previous 12 months.

How December 2003 compares

  • Against other Decembers: at +4.76%, December 2003 ranks 5th of 26 Decembers since 2000 (best first).
  • Against every month: it ranks 69th of 313 months since September 2000, better than 78% of them.
  • Range: the gap between the highest and lowest close was $14.20, or 3.6% of the opening level, 0.5× the 7.1% average of the previous 12 months.
  • Daily moves: the average day moved 0.45% (up or down), against 0.87% over the previous 12 months, so December 2003 was calmer than usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was +19.59% for 2003 to the end of December and +19.59% over 12 months (against the December 2002 close of $347.60).
  • Average price: the mean of the 21 daily closes was $408.80; the World Bank's monthly average of the London (LBMA) price was $407.00.

Across the other 25 completed Decembers since 2000, gold averaged +1.31% and rose in 16 of them (64%). December 2003 beat that average by 3.4 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Decembers side by side.

December 2003 in today's dollars

Adjusted for US consumer-price inflation, the $415.70 closing price equals about $754 in September 2026 dollars (CPI 185.5 in December 2003 against 336.3 in September 2026, FRED series CPIAUCSL), 81% 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 December 2003?

Gold closed December 2003 at $415.70 an ounce (COMEX settlement). It opened the month at $402.70 and averaged $408.80 across 21 trading days; the World Bank’s London average for the month was $407.00.

Did gold go up in December 2003?

Yes. Gold was up 4.76% in December 2003, from $396.80 at the end of November 2003 to $415.70. It closed higher on 13 of 21 days. Among Decembers since 2000 it ranks 5th of 26 (best first).

What was the highest gold price in December 2003?

The highest close was $416.90 on 30 December 2003. The highest intraday price in the daily bars was $415.80 on 29 December 2003.

What was the lowest gold price in December 2003?

The lowest close was $402.70 on 1 December 2003, $14.20 (3.6%) below the month’s highest close. The lowest intraday price was $397.00 on 1 December 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.