Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 23 February 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $399.00 per troy ounce on 23 February 2004, up $1.500 (0.38%) from the previous close of $397.50.
This was the strongest close of the week up to that point.
This close sat 6.43% 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 $351.80, making this a +13.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $399.00 per troy ounce on 23 February 2004. That is $1.50 higher than the previous close of $397.50, a move of 0.38%.
The gold price rose on 23 February 2004, gaining $1.50 (0.38%) against the previous session's close of $397.50.
At $399.00 per troy ounce, one gram of pure gold was worth about $12.83 on 23 February 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 February 2004 18k gold was worth about $9.62 per gram and 14k about $7.48 per gram, against $12.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.5 on 23 February 2004, meaning one ounce of gold was worth roughly 61.5 ounces of silver.
A week before 23 February 2004, gold was around $410.30 per troy ounce, so the close of $399.00 is a loss of 2.8% over the week.
A year before 23 February 2004, gold was around $351.80 per troy ounce. The close of $399.00 therefore represents a rise of 13.4% over twelve months.
It closed 6.43% below the highest close on record up to that date, which was set on 2004-01-09.