Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 22 March 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 14 January 2004
Gold closed at $417.40 per troy ounce on 22 March 2004, up $4.900 (1.19%) from the previous close of $412.50.
This close extended a run of 6 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 2.11% 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 $326.00, making this a +28.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $417.40 per troy ounce on 22 March 2004. That is $4.90 higher than the previous close of $412.50, a move of 1.19%.
The gold price rose on 22 March 2004, gaining $4.90 (1.19%) against the previous session's close of $412.50.
At $417.40 per troy ounce, one gram of pure gold was worth about $13.42 on 22 March 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 March 2004 18k gold was worth about $10.06 per gram and 14k about $7.83 per gram, against $13.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.8 on 22 March 2004, meaning one ounce of gold was worth roughly 54.8 ounces of silver.
A week before 22 March 2004, gold was around $399.40 per troy ounce, so the close of $417.40 is a gain of 4.5% over the week.
A month before 22 March 2004, gold was around $397.50 per troy ounce, so the close of $417.40 is a gain of 5.0% over the month.
A year before 22 March 2004, gold was around $326.00 per troy ounce. The close of $417.40 therefore represents a rise of 28.0% over twelve months.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 2.11% below the highest close on record up to that date, which was set on 2004-01-09.