Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 14 September 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 2 September 2004
Gold closed at $405.70 per troy ounce on 14 September 2004, up $1.600 (0.40%) from the previous close of $404.10.
This close extended a run of 3 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.
This was the strongest close of the week up to that point.
This close sat 5.05% below the highest gold close recorded up to that date, set on 2004-03-31.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $375.80, making this a +7.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $405.70 per troy ounce on 14 September 2004. That is $1.60 higher than the previous close of $404.10, a move of 0.40%.
The gold price rose on 14 September 2004, gaining $1.60 (0.40%) against the previous session's close of $404.10.
At $405.70 per troy ounce, one gram of pure gold was worth about $13.04 on 14 September 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 September 2004 18k gold was worth about $9.78 per gram and 14k about $7.61 per gram, against $13.04 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.4 on 14 September 2004, meaning one ounce of gold was worth roughly 65.4 ounces of silver.
A week before 14 September 2004, gold was around $397.40 per troy ounce, so the close of $405.70 is a gain of 2.1% over the week.
This close was session 3 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 5.05% below the highest close on record up to that date, which was set on 2004-03-31.