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 2 April 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $421.60 per troy ounce on 2 April 2004, down $5.700 (1.33%) from the previous close of $427.30.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 1.33% 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 $329.60, making this a +27.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $421.60 per troy ounce on 2 April 2004. That is $5.70 lower than the previous close of $427.30, a move of -1.33%.
The gold price fell on 2 April 2004, losing $5.70 (1.33%) against the previous session's close of $427.30.
At $421.60 per troy ounce, one gram of pure gold was worth about $13.55 on 2 April 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 April 2004 18k gold was worth about $10.17 per gram and 14k about $7.91 per gram, against $13.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 2 April 2004, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A month before 2 April 2004, gold was around $393.50 per troy ounce, so the close of $421.60 is a gain of 7.1% over the month.
A year before 2 April 2004, gold was around $329.60 per troy ounce. The close of $421.60 therefore represents a rise of 27.9% over twelve months.
It closed 1.33% below the highest close on record up to that date, which was set on 2004-03-31.