Distance from the record
This close sat 4.69% below the highest gold close recorded up to that date, set on 2004-01-09.
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This page is a historical record of the gold price in 10 February 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $406.40 per troy ounce on 10 February 2004, down $0.400 (0.10%) from the previous close of $406.80.
Gold barely moved, closing within 0.10% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 4.69% below the highest gold close recorded up to that date, set on 2004-01-09.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $363.70, making this a +11.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $406.40 per troy ounce on 10 February 2004. That is $0.40 lower than the previous close of $406.80, a move of -0.10%.
The gold price fell on 10 February 2004, losing $0.40 (0.10%) against the previous session's close of $406.80.
At $406.40 per troy ounce, one gram of pure gold was worth about $13.07 on 10 February 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 February 2004 18k gold was worth about $9.80 per gram and 14k about $7.62 per gram, against $13.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.6 on 10 February 2004, meaning one ounce of gold was worth roughly 63.6 ounces of silver.
It closed 4.69% below the highest close on record up to that date, which was set on 2004-01-09.