Distance from the record
This close sat 5.41% 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 15 July 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $404.20 per troy ounce on 15 July 2004, down $1.200 (0.30%) from the previous close of $405.40.
This close sat 5.41% 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 $342.10, making this a +18.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $404.20 per troy ounce on 15 July 2004. That is $1.20 lower than the previous close of $405.40, a move of -0.30%.
The gold price fell on 15 July 2004, losing $1.20 (0.30%) against the previous session's close of $405.40.
At $404.20 per troy ounce, one gram of pure gold was worth about $13.00 on 15 July 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 July 2004 18k gold was worth about $9.75 per gram and 14k about $7.58 per gram, against $13.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.8 on 15 July 2004, meaning one ounce of gold was worth roughly 60.8 ounces of silver.
A year before 15 July 2004, gold was around $342.10 per troy ounce. The close of $404.20 therefore represents a rise of 18.2% over twelve months.
It closed 5.41% below the highest close on record up to that date, which was set on 2004-03-31.