Distance from the record
This close sat 4.41% below the highest gold close recorded up to that date, set on 2004-12-03.
This page is a historical record of the gold price in 14 December 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $435.90 per troy ounce on 14 December 2004, down $3.000 (0.68%) from the previous close of $438.90.
This close sat 4.41% 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 $409.40, making this a +6.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $435.90 per troy ounce on 14 December 2004. That is $3.00 lower than the previous close of $438.90, a move of -0.68%.
The gold price fell on 14 December 2004, losing $3.00 (0.68%) against the previous session's close of $438.90.
At $435.90 per troy ounce, one gram of pure gold was worth about $14.01 on 14 December 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 December 2004 18k gold was worth about $10.51 per gram and 14k about $8.18 per gram, against $14.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.9 on 14 December 2004, meaning one ounce of gold was worth roughly 64.9 ounces of silver.
A week before 14 December 2004, gold was around $452.00 per troy ounce, so the close of $435.90 is a loss of 3.6% over the week.
It closed 4.41% below the highest close on record up to that date, which was set on 2004-12-03.