Highest so far that month
No earlier session that month closed above this level.
This page is a historical record of the gold price in 18 June 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 27 April 2004
Gold closed at $395.10 per troy ounce on 18 June 2004, up $6.200 (1.59%) from the previous close of $388.90.
No earlier session that month closed above this level.
This close sat 7.54% 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 $357.20, making this a +10.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $395.10 per troy ounce on 18 June 2004. That is $6.20 higher than the previous close of $388.90, a move of 1.59%.
The gold price rose on 18 June 2004, gaining $6.20 (1.59%) against the previous session's close of $388.90.
At $395.10 per troy ounce, one gram of pure gold was worth about $12.70 on 18 June 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 June 2004 18k gold was worth about $9.53 per gram and 14k about $7.41 per gram, against $12.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.1 on 18 June 2004, meaning one ounce of gold was worth roughly 66.1 ounces of silver.
A week before 18 June 2004, gold was around $385.90 per troy ounce, so the close of $395.10 is a gain of 2.4% over the week.
A month before 18 June 2004, gold was around $375.80 per troy ounce, so the close of $395.10 is a gain of 5.1% over the month.
It closed 7.54% below the highest close on record up to that date, which was set on 2004-03-31.