Gold ranged between $421.80 and $517.10 per troy ounce during 2005, averaging $451.58 across 11 trading days. It finished the period at $517.10, up 18.19% from $437.50.
Metal value only, before dealer margins and fabrication.
The strongest session of 2005 was 1 September 2005 at +8.11%, and the weakest 1 January 2005 at -3.59%.
Twelve months earlier gold traded around $437.50, making this a +18.19% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2005 | $421.80 | −$15.70 |
| 1 February 2005 | $436.50 | +$14.70 |
| 1 March 2005 | $428.70 | −$7.800 |
| 1 April 2005 | $435.00 | +$6.300 |
| 1 June 2005 | $435.90 | +$0.900 |
| 1 July 2005 | $429.90 | −$6.000 |
| 1 August 2005 | $433.80 | +$3.900 |
| 1 September 2005 | $469.00 | +$35.20 |
| 1 October 2005 | $465.10 | −$3.900 |
| 1 November 2005 | $494.60 | +$29.50 |
| 1 December 2005 | $517.10 | +$22.50 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished 2005 at $517.10 per troy ounce, having risen $79.60 (18.19%) over the year. It has traded between $421.80 and $517.10 across 11 trading days.
The average gold closing price in 2005 was $451.58 per troy ounce, calculated across all 11 trading days in the year.
Gold reached its highest close of 2005 at $517.10 per troy ounce on 1 December 2005.
The lowest gold close in 2005 was $421.80 per troy ounce on 1 January 2005.
Gold rose during 2005. It entered the year at $437.50 and closed at $517.10, a change of 18.19%.
Gold closed higher on 7 sessions and lower on 4 during 2005. The strongest session was 1 September 2005 (+8.11%) and the weakest 1 January 2005 (-3.59%).
Daily closes in 2005 varied with a standard deviation of 3.64% per session, and the peak-to-trough spread across the year was 22.6% ($421.80 to $517.10).
At the 2005 close of $517.10 per troy ounce, gold worked out at about $16.63 per gram and $16,625.15 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 61.2 through 2005 and finished the year near 58.6. A higher ratio means silver is cheap relative to gold.
Gold was around $437.50 per troy ounce twelve months before the end of 2005. Closing at $517.10 makes that a gain of 18.2% year on year.