Distance from the record
This close sat 5.29% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 2 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $431.90 per troy ounce on 2 August 2005, down $1.900 (0.44%) from the previous close of $433.80.
This close sat 5.29% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $391.70, making this a +10.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $431.90 per troy ounce on 2 August 2005. That is $1.90 lower than the previous close of $433.80, a move of -0.44%.
The gold price fell on 2 August 2005, losing $1.90 (0.44%) against the previous session's close of $433.80.
At $431.90 per troy ounce, one gram of pure gold was worth about $13.89 on 2 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 August 2005 18k gold was worth about $10.41 per gram and 14k about $8.10 per gram, against $13.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.7 on 2 August 2005, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A week before 2 August 2005, gold was around $423.40 per troy ounce, so the close of $431.90 is a gain of 2.0% over the week.
It closed 5.29% below the highest close on record up to that date, which was set on 2004-12-03.