Distance from the record
This close sat 6.40% below the highest gold close recorded up to that date, set on 2005-12-12.
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This page is a historical record of the gold price in 20 December 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 30 November 2005
Gold closed at $494.60 per troy ounce on 20 December 2005, down $9.000 (1.79%) from the previous close of $503.60.
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.
This close sat 6.40% below the highest gold close recorded up to that date, set on 2005-12-12.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $442.40, making this a +11.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $494.60 per troy ounce on 20 December 2005. That is $9.00 lower than the previous close of $503.60, a move of -1.79%.
The gold price fell on 20 December 2005, losing $9.00 (1.79%) against the previous session's close of $503.60.
At $494.60 per troy ounce, one gram of pure gold was worth about $15.90 on 20 December 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 December 2005 18k gold was worth about $11.93 per gram and 14k about $9.28 per gram, against $15.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.5 on 20 December 2005, meaning one ounce of gold was worth roughly 59.5 ounces of silver.
A week before 20 December 2005, gold was around $521.00 per troy ounce, so the close of $494.60 is a loss of 5.1% over the week.
It closed 6.40% below the highest close on record up to that date, which was set on 2005-12-12.