Distance from the record
This close sat 5.22% 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 September 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $405.00 per troy ounce on 15 September 2004, down $0.700 (0.17%) from the previous close of $405.70.
This close sat 5.22% 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 $374.50, making this a +8.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $405.00 per troy ounce on 15 September 2004. That is $0.70 lower than the previous close of $405.70, a move of -0.17%.
The gold price fell on 15 September 2004, losing $0.70 (0.17%) against the previous session's close of $405.70.
At $405.00 per troy ounce, one gram of pure gold was worth about $13.02 on 15 September 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 September 2004 18k gold was worth about $9.77 per gram and 14k about $7.60 per gram, against $13.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.6 on 15 September 2004, meaning one ounce of gold was worth roughly 64.6 ounces of silver.
It closed 5.22% below the highest close on record up to that date, which was set on 2004-03-31.