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Highest closing price since 1 December 2004
Gold closed at $436.50 per troy ounce on 1 February 2005, up $14.70 (3.49%) from the previous close of $421.80.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $402.20, making this a +8.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $436.50 per troy ounce on 1 February 2005. That is $14.70 higher than the previous close of $421.80, a move of 3.49%.
The gold price rose on 1 February 2005, gaining $14.70 (3.49%) against the previous session's close of $421.80.
At $436.50 per troy ounce, one gram of pure gold was worth about $14.03 on 1 February 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2005 18k gold was worth about $10.53 per gram and 14k about $8.19 per gram, against $14.03 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.3 on 1 February 2005, meaning one ounce of gold was worth roughly 59.3 ounces of silver.
A week before 1 February 2005, gold was around $421.80 per troy ounce, so the close of $436.50 is a gain of 3.5% over the week.
A month before 1 February 2005, gold was around $421.80 per troy ounce, so the close of $436.50 is a gain of 3.5% over the month.
A year before 1 February 2005, gold was around $402.20 per troy ounce. The close of $436.50 therefore represents a rise of 8.5% over twelve months.