Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 17 October 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $474.10 per troy ounce on 17 October 2005, up $4.900 (1.04%) from the previous close of $469.20.
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 was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $418.70, making this a +13.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $474.10 per troy ounce on 17 October 2005. That is $4.90 higher than the previous close of $469.20, a move of 1.04%.
The gold price rose on 17 October 2005, gaining $4.90 (1.04%) against the previous session's close of $469.20.
At $474.10 per troy ounce, one gram of pure gold was worth about $15.24 on 17 October 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 October 2005 18k gold was worth about $11.43 per gram and 14k about $8.89 per gram, against $15.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.6 on 17 October 2005, meaning one ounce of gold was worth roughly 60.6 ounces of silver.
A year before 17 October 2005, gold was around $418.70 per troy ounce. The close of $474.10 therefore represents a rise of 13.2% over twelve months.
It closed 0.63% below the highest close on record up to that date, which was set on 2005-10-11.