Distance from the record
This close sat 3.59% below the highest gold close recorded up to that date, set on 2004-01-09.
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This page is a historical record of the gold price in 21 January 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $411.10 per troy ounce on 21 January 2004, down $1.600 (0.39%) from the previous close of $412.70.
This close sat 3.59% below the highest gold close recorded up to that date, set on 2004-01-09.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $357.30, making this a +15.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $411.10 per troy ounce on 21 January 2004. That is $1.60 lower than the previous close of $412.70, a move of -0.39%.
The gold price fell on 21 January 2004, losing $1.60 (0.39%) against the previous session's close of $412.70.
At $411.10 per troy ounce, one gram of pure gold was worth about $13.22 on 21 January 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 January 2004 18k gold was worth about $9.91 per gram and 14k about $7.71 per gram, against $13.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.3 on 21 January 2004, meaning one ounce of gold was worth roughly 66.3 ounces of silver.
A week before 21 January 2004, gold was around $421.70 per troy ounce, so the close of $411.10 is a loss of 2.5% over the week.
A year before 21 January 2004, gold was around $357.30 per troy ounce. The close of $411.10 therefore represents a rise of 15.1% over twelve months.
It closed 3.59% below the highest close on record up to that date, which was set on 2004-01-09.