Distance from the record
This close sat 7.37% 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 20 January 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $422.40 per troy ounce on 20 January 2005, down $0.600 (0.14%) from the previous close of $423.00.
Gold barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 7.37% 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 $412.70, making this a +2.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $422.40 per troy ounce on 20 January 2005. That is $0.60 lower than the previous close of $423.00, a move of -0.14%.
The gold price fell on 20 January 2005, losing $0.60 (0.14%) against the previous session's close of $423.00.
At $422.40 per troy ounce, one gram of pure gold was worth about $13.58 on 20 January 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 January 2005 18k gold was worth about $10.19 per gram and 14k about $7.92 per gram, against $13.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.6 on 20 January 2005, meaning one ounce of gold was worth roughly 64.6 ounces of silver.
It closed 7.37% below the highest close on record up to that date, which was set on 2004-12-03.