Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 19 August 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 12 July 2004
Gold closed at $407.10 per troy ounce on 19 August 2004, up $2.800 (0.69%) from the previous close of $404.30.
No earlier session that month closed above this level.
This close sat 4.73% 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 $361.60, making this a +12.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $407.10 per troy ounce on 19 August 2004. That is $2.80 higher than the previous close of $404.30, a move of 0.69%.
The gold price rose on 19 August 2004, gaining $2.80 (0.69%) against the previous session's close of $404.30.
At $407.10 per troy ounce, one gram of pure gold was worth about $13.09 on 19 August 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 August 2004 18k gold was worth about $9.82 per gram and 14k about $7.63 per gram, against $13.09 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.7 on 19 August 2004, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A week before 19 August 2004, gold was around $394.30 per troy ounce, so the close of $407.10 is a gain of 3.2% over the week.
A year before 19 August 2004, gold was around $361.60 per troy ounce. The close of $407.10 therefore represents a rise of 12.6% over twelve months.
It closed 4.73% below the highest close on record up to that date, which was set on 2004-03-31.