Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 11 January 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $421.90 per troy ounce on 11 January 2005, up $2.800 (0.67%) from the previous close of $419.10.
This was the strongest close of the week up to that point.
This close sat 7.48% 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 $426.40, making this a -1.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $421.90 per troy ounce on 11 January 2005. That is $2.80 higher than the previous close of $419.10, a move of 0.67%.
The gold price rose on 11 January 2005, gaining $2.80 (0.67%) against the previous session's close of $419.10.
At $421.90 per troy ounce, one gram of pure gold was worth about $13.56 on 11 January 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 January 2005 18k gold was worth about $10.17 per gram and 14k about $7.91 per gram, against $13.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.7 on 11 January 2005, meaning one ounce of gold was worth roughly 63.7 ounces of silver.
It closed 7.48% below the highest close on record up to that date, which was set on 2004-12-03.