Distance from the record
This close sat 2.29% 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 15 October 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $418.70 per troy ounce on 15 October 2004, up $0.600 (0.14%) from the previous close of $418.10.
Gold barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 2.29% 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 $372.60, making this a +12.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $418.70 per troy ounce on 15 October 2004. That is $0.60 higher than the previous close of $418.10, a move of 0.14%.
The gold price rose on 15 October 2004, gaining $0.60 (0.14%) against the previous session's close of $418.10.
At $418.70 per troy ounce, one gram of pure gold was worth about $13.46 on 15 October 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 October 2004 18k gold was worth about $10.10 per gram and 14k about $7.85 per gram, against $13.46 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.0 on 15 October 2004, meaning one ounce of gold was worth roughly 59.0 ounces of silver.
A year before 15 October 2004, gold was around $372.60 per troy ounce. The close of $418.70 therefore represents a rise of 12.4% over twelve months.
It closed 2.29% below the highest close on record up to that date, which was set on 2004-10-01.