Distance from the record
This close sat 2.27% 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 25 March 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $416.70 per troy ounce on 25 March 2004, down $0.500 (0.12%) from the previous close of $417.20.
Gold barely moved, closing within 0.12% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 2.27% 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 $328.40, making this a +26.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $416.70 per troy ounce on 25 March 2004. That is $0.50 lower than the previous close of $417.20, a move of -0.12%.
The gold price fell on 25 March 2004, losing $0.50 (0.12%) against the previous session's close of $417.20.
At $416.70 per troy ounce, one gram of pure gold was worth about $13.40 on 25 March 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 March 2004 18k gold was worth about $10.05 per gram and 14k about $7.82 per gram, against $13.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.9 on 25 March 2004, meaning one ounce of gold was worth roughly 54.9 ounces of silver.
A month before 25 March 2004, gold was around $395.80 per troy ounce, so the close of $416.70 is a gain of 5.3% over the month.
A year before 25 March 2004, gold was around $328.40 per troy ounce. The close of $416.70 therefore represents a rise of 26.9% over twelve months.
It closed 2.27% below the highest close on record up to that date, which was set on 2004-01-09.