Distance from the record
This close sat 3.31% below the highest gold close recorded up to that date, set on 2004-01-09.
Loading…
This page is a historical record of the gold price in 18 February 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $412.30 per troy ounce on 18 February 2004, down $3.700 (0.89%) from the previous close of $416.00.
This close sat 3.31% 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 $344.20, making this a +19.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $412.30 per troy ounce on 18 February 2004. That is $3.70 lower than the previous close of $416.00, a move of -0.89%.
The gold price fell on 18 February 2004, losing $3.70 (0.89%) against the previous session's close of $416.00.
At $412.30 per troy ounce, one gram of pure gold was worth about $13.26 on 18 February 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 February 2004 18k gold was worth about $9.94 per gram and 14k about $7.73 per gram, against $13.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.6 on 18 February 2004, meaning one ounce of gold was worth roughly 61.6 ounces of silver.
A year before 18 February 2004, gold was around $344.20 per troy ounce. The close of $412.30 therefore represents a rise of 19.8% over twelve months.
It closed 3.31% below the highest close on record up to that date, which was set on 2004-01-09.