Distance from the record
This close sat 2.43% below the highest gold close recorded up to that date, set on 2004-10-01.
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This page is a historical record of the gold price in 14 October 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $418.10 per troy ounce on 14 October 2004, up $4.900 (1.19%) from the previous close of $413.20.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 2.43% below the highest gold close recorded up to that date, set on 2004-10-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $375.70, making this a +11.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $418.10 per troy ounce on 14 October 2004. That is $4.90 higher than the previous close of $413.20, a move of 1.19%.
The gold price rose on 14 October 2004, gaining $4.90 (1.19%) against the previous session's close of $413.20.
At $418.10 per troy ounce, one gram of pure gold was worth about $13.44 on 14 October 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 October 2004 18k gold was worth about $10.08 per gram and 14k about $7.84 per gram, against $13.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.4 on 14 October 2004, meaning one ounce of gold was worth roughly 59.4 ounces of silver.
It closed 2.43% below the highest close on record up to that date, which was set on 2004-10-01.