Distance from the record
This close sat 3.89% below the highest gold close recorded up to that date, set on 2004-01-09.
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This page is a historical record of the gold price in 19 February 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $409.80 per troy ounce on 19 February 2004, down $2.500 (0.61%) from the previous close of $412.30.
This close sat 3.89% 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 $349.90, making this a +17.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $409.80 per troy ounce on 19 February 2004. That is $2.50 lower than the previous close of $412.30, a move of -0.61%.
The gold price fell on 19 February 2004, losing $2.50 (0.61%) against the previous session's close of $412.30.
At $409.80 per troy ounce, one gram of pure gold was worth about $13.18 on 19 February 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 February 2004 18k gold was worth about $9.88 per gram and 14k about $7.69 per gram, against $13.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.6 on 19 February 2004, meaning one ounce of gold was worth roughly 61.6 ounces of silver.
A year before 19 February 2004, gold was around $349.90 per troy ounce. The close of $409.80 therefore represents a rise of 17.1% over twelve months.
It closed 3.89% below the highest close on record up to that date, which was set on 2004-01-09.