This page is a historical record of the gold price in 10 November 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $434.00 per troy ounce on 10 November 2004, down $1.700 (0.39%) from the previous close of $435.70.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $386.60, making this a +12.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $434.00 per troy ounce on 10 November 2004. That is $1.70 lower than the previous close of $435.70, a move of -0.39%.
The gold price fell on 10 November 2004, losing $1.70 (0.39%) against the previous session's close of $435.70.
At $434.00 per troy ounce, one gram of pure gold was worth about $13.95 on 10 November 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 November 2004 18k gold was worth about $10.47 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 58.6 on 10 November 2004, meaning one ounce of gold was worth roughly 58.6 ounces of silver.
A week before 10 November 2004, gold was around $424.60 per troy ounce, so the close of $434.00 is a gain of 2.2% over the week.
A year before 10 November 2004, gold was around $386.60 per troy ounce. The close of $434.00 therefore represents a rise of 12.3% over twelve months.
It closed 0.39% below the highest close on record up to that date, which was set on 2004-11-09.