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 20 August 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 12 April 2004
Gold closed at $413.20 per troy ounce on 20 August 2004, up $6.100 (1.50%) from the previous close of $407.10.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 3.30% 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 $365.60, making this a +13.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $413.20 per troy ounce on 20 August 2004. That is $6.10 higher than the previous close of $407.10, a move of 1.50%.
The gold price rose on 20 August 2004, gaining $6.10 (1.50%) against the previous session's close of $407.10.
At $413.20 per troy ounce, one gram of pure gold was worth about $13.28 on 20 August 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2004 18k gold was worth about $9.96 per gram and 14k about $7.75 per gram, against $13.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.2 on 20 August 2004, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 20 August 2004, gold was around $398.90 per troy ounce, so the close of $413.20 is a gain of 3.6% over the week.
A year before 20 August 2004, gold was around $365.60 per troy ounce. The close of $413.20 therefore represents a rise of 13.0% over twelve months.
It closed 3.30% below the highest close on record up to that date, which was set on 2004-03-31.
The most recent higher close was about 4 months earlier — 91 trading sessions before this one.