Distance from the record
This close sat 8.54% below the highest gold close recorded up to that date, set on 2004-03-31.
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This page is a historical record of the gold price in 21 April 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 11 November 2003
Gold closed at $390.80 per troy ounce on 21 April 2004, down $6.900 (1.73%) from the previous close of $397.70.
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 8.54% below the highest gold close recorded up to that date, set on 2004-03-31.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $333.50, making this a +17.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $390.80 per troy ounce on 21 April 2004. That is $6.90 lower than the previous close of $397.70, a move of -1.73%.
The gold price fell on 21 April 2004, losing $6.90 (1.73%) against the previous session's close of $397.70.
At $390.80 per troy ounce, one gram of pure gold was worth about $12.56 on 21 April 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 April 2004 18k gold was worth about $9.42 per gram and 14k about $7.33 per gram, against $12.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.4 on 21 April 2004, meaning one ounce of gold was worth roughly 63.4 ounces of silver.
A week before 21 April 2004, gold was around $399.80 per troy ounce, so the close of $390.80 is a loss of 2.3% over the week.
A month before 21 April 2004, gold was around $412.50 per troy ounce, so the close of $390.80 is a loss of 5.3% over the month.
A year before 21 April 2004, gold was around $333.50 per troy ounce. The close of $390.80 therefore represents a rise of 17.2% over twelve months.
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 8.54% below the highest close on record up to that date, which was set on 2004-03-31.