Distance from the record
This close sat 3.62% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 18 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $439.50 per troy ounce on 18 August 2005, down $0.400 (0.09%) from the previous close of $439.90.
Gold barely moved, closing within 0.09% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 3.62% 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 $404.30, making this a +8.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $439.50 per troy ounce on 18 August 2005. That is $0.40 lower than the previous close of $439.90, a move of -0.09%.
The gold price fell on 18 August 2005, losing $0.40 (0.09%) against the previous session's close of $439.90.
At $439.50 per troy ounce, one gram of pure gold was worth about $14.13 on 18 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 August 2005 18k gold was worth about $10.60 per gram and 14k about $8.24 per gram, against $14.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.9 on 18 August 2005, meaning one ounce of gold was worth roughly 62.9 ounces of silver.
It closed 3.62% below the highest close on record up to that date, which was set on 2004-12-03.