Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 12 September 2005, not the current price.See today's gold price (11 September 2026)
Highest closing price since 7 December 2004
Gold closed at $449.70 per troy ounce on 12 September 2005, up $0.700 (0.16%) from the previous close of $449.00.
This close extended a run of 7 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 1.38% 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 $401.90, making this a +11.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $449.70 per troy ounce on 12 September 2005. That is $0.70 higher than the previous close of $449.00, a move of 0.16%.
The gold price rose on 12 September 2005, gaining $0.70 (0.16%) against the previous session's close of $449.00.
At $449.70 per troy ounce, one gram of pure gold was worth about $14.46 on 12 September 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 September 2005 18k gold was worth about $10.84 per gram and 14k about $8.43 per gram, against $14.46 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.3 on 12 September 2005, meaning one ounce of gold was worth roughly 64.3 ounces of silver.
This close was session 7 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 1.38% below the highest close on record up to that date, which was set on 2004-12-03.
The most recent higher close was about 9 months earlier — 187 trading sessions before this one.