Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 17 September 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 2 September 2004
Gold closed at $405.80 per troy ounce on 17 September 2004, up $1.100 (0.27%) from the previous close of $404.70.
This was the strongest close of the week up to that point.
This close sat 5.03% 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 $376.20, making this a +7.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $405.80 per troy ounce on 17 September 2004. That is $1.10 higher than the previous close of $404.70, a move of 0.27%.
The gold price rose on 17 September 2004, gaining $1.10 (0.27%) against the previous session's close of $404.70.
At $405.80 per troy ounce, one gram of pure gold was worth about $13.05 on 17 September 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 September 2004 18k gold was worth about $9.79 per gram and 14k about $7.61 per gram, against $13.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.8 on 17 September 2004, meaning one ounce of gold was worth roughly 64.8 ounces of silver.
It closed 5.03% below the highest close on record up to that date, which was set on 2004-03-31.