Distance from the record
This close sat 3.53% below the highest gold close recorded up to that date, set on 2004-12-03.
This page is a historical record of the gold price in 17 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $439.90 per troy ounce on 17 August 2005, down $6.200 (1.39%) from the previous close of $446.10.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 3.53% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $404.40, making this a +8.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $439.90 per troy ounce on 17 August 2005. That is $6.20 lower than the previous close of $446.10, a move of -1.39%.
The gold price fell on 17 August 2005, losing $6.20 (1.39%) against the previous session's close of $446.10.
At $439.90 per troy ounce, one gram of pure gold was worth about $14.14 on 17 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 August 2005 18k gold was worth about $10.61 per gram and 14k about $8.25 per gram, against $14.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.0 on 17 August 2005, meaning one ounce of gold was worth roughly 63.0 ounces of silver.
It closed 3.53% below the highest close on record up to that date, which was set on 2004-12-03.