Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 17 February 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 14 January 2004
Gold closed at $416.00 per troy ounce on 17 February 2004, up $5.700 (1.39%) from the previous close of $410.30.
Notable session: highest close of the month.
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.
No earlier session that month closed above this level.
This close sat 2.44% below the highest gold close recorded up to that date, set on 2004-01-09.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $351.90, making this a +18.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $416.00 per troy ounce on 17 February 2004. That is $5.70 higher than the previous close of $410.30, a move of 1.39%.
The gold price rose on 17 February 2004, gaining $5.70 (1.39%) against the previous session's close of $410.30.
At $416.00 per troy ounce, one gram of pure gold was worth about $13.37 on 17 February 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 February 2004 18k gold was worth about $10.03 per gram and 14k about $7.80 per gram, against $13.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.4 on 17 February 2004, meaning one ounce of gold was worth roughly 61.4 ounces of silver.
A week before 17 February 2004, gold was around $406.40 per troy ounce, so the close of $416.00 is a gain of 2.4% over the week.
A year before 17 February 2004, gold was around $351.90 per troy ounce. The close of $416.00 therefore represents a rise of 18.2% over twelve months.
It closed 2.44% below the highest close on record up to that date, which was set on 2004-01-09.