Distance from the record
This close sat 3.37% below the highest gold close recorded up to that date, set on 2005-10-11.
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This page is a historical record of the gold price in 20 October 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 16 September 2005
Gold closed at $461.00 per troy ounce on 20 October 2005, down $2.500 (0.54%) from the previous close of $463.50.
Notable session: lowest close of the month.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 3.37% below the highest gold close recorded up to that date, set on 2005-10-11.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $423.50, making this a +8.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $461.00 per troy ounce on 20 October 2005. That is $2.50 lower than the previous close of $463.50, a move of -0.54%.
The gold price fell on 20 October 2005, losing $2.50 (0.54%) against the previous session's close of $463.50.
At $461.00 per troy ounce, one gram of pure gold was worth about $14.82 on 20 October 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 October 2005 18k gold was worth about $11.12 per gram and 14k about $8.65 per gram, against $14.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.6 on 20 October 2005, meaning one ounce of gold was worth roughly 60.6 ounces of silver.
A week before 20 October 2005, gold was around $471.10 per troy ounce, so the close of $461.00 is a loss of 2.1% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 3.37% below the highest close on record up to that date, which was set on 2005-10-11.