Distance from the record
This close sat 12.29% below the highest gold close recorded up to that date, set on 2004-03-31.
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This page is a historical record of the gold price in 13 May 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 20 October 2003
Gold closed at $374.80 per troy ounce on 13 May 2004, down $2.600 (0.69%) from the previous close of $377.40.
Notable session: lowest close of the year; lowest close of the month.
This close sat 12.29% below the highest gold close recorded up to that date, set on 2004-03-31.
One of the ten lowest gold closes of that year, ranking 247 of 247 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $350.00, making this a +7.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $374.80 per troy ounce on 13 May 2004. That is $2.60 lower than the previous close of $377.40, a move of -0.69%.
The gold price fell on 13 May 2004, losing $2.60 (0.69%) against the previous session's close of $377.40.
At $374.80 per troy ounce, one gram of pure gold was worth about $12.05 on 13 May 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 May 2004 18k gold was worth about $9.04 per gram and 14k about $7.03 per gram, against $12.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.8 on 13 May 2004, meaning one ounce of gold was worth roughly 66.8 ounces of silver.
A week before 13 May 2004, gold was around $388.00 per troy ounce, so the close of $374.80 is a loss of 3.4% over the week.
A month before 13 May 2004, gold was around $407.00 per troy ounce, so the close of $374.80 is a loss of 7.9% over the month.
It closed 12.29% below the highest close on record up to that date, which was set on 2004-03-31.