Distance from the record
This close sat 6.93% below the highest gold close recorded up to that date, set on 2004-03-31.
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This page is a historical record of the gold price in 20 April 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $397.70 per troy ounce on 20 April 2004, down $2.900 (0.72%) from the previous close of $400.60.
This close sat 6.93% 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 $327.20, making this a +21.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $397.70 per troy ounce on 20 April 2004. That is $2.90 lower than the previous close of $400.60, a move of -0.72%.
The gold price fell on 20 April 2004, losing $2.90 (0.72%) against the previous session's close of $400.60.
At $397.70 per troy ounce, one gram of pure gold was worth about $12.79 on 20 April 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 April 2004 18k gold was worth about $9.59 per gram and 14k about $7.46 per gram, against $12.79 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.3 on 20 April 2004, meaning one ounce of gold was worth roughly 57.3 ounces of silver.
A week before 20 April 2004, gold was around $407.00 per troy ounce, so the close of $397.70 is a loss of 2.3% over the week.
A year before 20 April 2004, gold was around $327.20 per troy ounce. The close of $397.70 therefore represents a rise of 21.5% over twelve months.
It closed 6.93% below the highest close on record up to that date, which was set on 2004-03-31.