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 12 January 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $426.30 per troy ounce on 12 January 2004, down $0.100 (0.02%) from the previous close of $426.40.
Gold barely moved, closing within 0.02% 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 was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $354.50, making this a +20.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $426.30 per troy ounce on 12 January 2004. That is $0.10 lower than the previous close of $426.40, a move of -0.02%.
The gold price fell on 12 January 2004, losing $0.10 (0.02%) against the previous session's close of $426.40.
At $426.30 per troy ounce, one gram of pure gold was worth about $13.71 on 12 January 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 January 2004 18k gold was worth about $10.28 per gram and 14k about $8.00 per gram, against $13.71 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.5 on 12 January 2004, meaning one ounce of gold was worth roughly 64.5 ounces of silver.
A year before 12 January 2004, gold was around $354.50 per troy ounce. The close of $426.30 therefore represents a rise of 20.3% over twelve months.
It closed 0.02% below the highest close on record up to that date, which was set on 2004-01-09.