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Highest closing price since 1 June 2005
Gold closed at $433.80 per troy ounce on 1 August 2005, up $3.900 (0.91%) from the previous close of $429.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $391.00, making this a +10.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $433.80 per troy ounce on 1 August 2005. That is $3.90 higher than the previous close of $429.90, a move of 0.91%.
The gold price rose on 1 August 2005, gaining $3.90 (0.91%) against the previous session's close of $429.90.
At $433.80 per troy ounce, one gram of pure gold was worth about $13.95 on 1 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2005 18k gold was worth about $10.46 per gram and 14k about $8.14 per gram, against $13.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.0 on 1 August 2005, meaning one ounce of gold was worth roughly 64.0 ounces of silver.
A week before 1 August 2005, gold was around $429.90 per troy ounce, so the close of $433.80 is a gain of 0.9% over the week.
A month before 1 August 2005, gold was around $429.90 per troy ounce, so the close of $433.80 is a gain of 0.9% over the month.
A year before 1 August 2005, gold was around $391.00 per troy ounce. The close of $433.80 therefore represents a rise of 10.9% over twelve months.