Distance from the record
This close sat 4.85% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 10 December 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 8 November 2004
Gold closed at $433.90 per troy ounce on 10 December 2004, down $1.900 (0.44%) from the previous close of $435.80.
Notable session: lowest close of the month.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 4.85% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $406.20, making this a +6.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $433.90 per troy ounce on 10 December 2004. That is $1.90 lower than the previous close of $435.80, a move of -0.44%.
The gold price fell on 10 December 2004, losing $1.90 (0.44%) against the previous session's close of $435.80.
At $433.90 per troy ounce, one gram of pure gold was worth about $13.95 on 10 December 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 December 2004 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 64.7 on 10 December 2004, meaning one ounce of gold was worth roughly 64.7 ounces of silver.
A week before 10 December 2004, gold was around $456.00 per troy ounce, so the close of $433.90 is a loss of 4.8% over the week.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.85% below the highest close on record up to that date, which was set on 2004-12-03.