Distance from the record
This close sat 8.46% 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 May 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 February 2005
Gold closed at $417.40 per troy ounce on 20 May 2005, down $3.100 (0.74%) from the previous close of $420.50.
This close sat 8.46% below the highest gold close recorded up to that date, set on 2004-12-03.
One of the ten lowest gold closes of that year, ranking 238 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $378.40, making this a +10.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $417.40 per troy ounce on 20 May 2005. That is $3.10 lower than the previous close of $420.50, a move of -0.74%.
The gold price fell on 20 May 2005, losing $3.10 (0.74%) against the previous session's close of $420.50.
At $417.40 per troy ounce, one gram of pure gold was worth about $13.42 on 20 May 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 May 2005 18k gold was worth about $10.06 per gram and 14k about $7.83 per gram, against $13.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.2 on 20 May 2005, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
It closed 8.46% below the highest close on record up to that date, which was set on 2004-12-03.