Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 19 October 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $420.30 per troy ounce on 19 October 2004, up $4.100 (0.99%) from the previous close of $416.20.
This was the strongest close of the week up to that point.
This close sat 1.91% below the highest gold close recorded up to that date, set on 2004-10-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $371.80, making this a +13.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $420.30 per troy ounce on 19 October 2004. That is $4.10 higher than the previous close of $416.20, a move of 0.99%.
The gold price rose on 19 October 2004, gaining $4.10 (0.99%) against the previous session's close of $416.20.
At $420.30 per troy ounce, one gram of pure gold was worth about $13.51 on 19 October 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 October 2004 18k gold was worth about $10.13 per gram and 14k about $7.88 per gram, against $13.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.6 on 19 October 2004, meaning one ounce of gold was worth roughly 58.6 ounces of silver.
A year before 19 October 2004, gold was around $371.80 per troy ounce. The close of $420.30 therefore represents a rise of 13.0% over twelve months.
It closed 1.91% below the highest close on record up to that date, which was set on 2004-10-01.