Distance from the record
This close sat 6.86% below the highest gold close recorded up to that date, set on 2004-12-03.
This page is a historical record of the gold price in 22 July 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $424.70 per troy ounce on 22 July 2005, down $0.700 (0.16%) from the previous close of $425.40.
This close sat 6.86% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $395.20, making this a +7.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $424.70 per troy ounce on 22 July 2005. That is $0.70 lower than the previous close of $425.40, a move of -0.16%.
The gold price fell on 22 July 2005, losing $0.70 (0.16%) against the previous session's close of $425.40.
At $424.70 per troy ounce, one gram of pure gold was worth about $13.65 on 22 July 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 July 2005 18k gold was worth about $10.24 per gram and 14k about $7.97 per gram, against $13.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.9 on 22 July 2005, meaning one ounce of gold was worth roughly 59.9 ounces of silver.
It closed 6.86% below the highest close on record up to that date, which was set on 2004-12-03.