Distance from the record
This close sat 1.66% below the highest gold close recorded up to that date, set on 2005-10-11.
This page is a historical record of the gold price in 14 October 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $469.20 per troy ounce on 14 October 2005, down $1.900 (0.40%) from the previous close of $471.10.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 1.66% below the highest gold close recorded up to that date, set on 2005-10-11.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $418.10, making this a +12.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $469.20 per troy ounce on 14 October 2005. That is $1.90 lower than the previous close of $471.10, a move of -0.40%.
The gold price fell on 14 October 2005, losing $1.90 (0.40%) against the previous session's close of $471.10.
At $469.20 per troy ounce, one gram of pure gold was worth about $15.09 on 14 October 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 October 2005 18k gold was worth about $11.31 per gram and 14k about $8.80 per gram, against $15.09 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.0 on 14 October 2005, meaning one ounce of gold was worth roughly 60.0 ounces of silver.
A year before 14 October 2005, gold was around $418.10 per troy ounce. The close of $469.20 therefore represents a rise of 12.2% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 1.66% below the highest close on record up to that date, which was set on 2005-10-11.