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 27 April 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $398.60 per troy ounce on 27 April 2004, up $2.600 (0.66%) from the previous close of $396.00.
This close extended a run of 4 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.
This was the strongest close of the week up to that point.
This close sat 6.72% below the highest gold close recorded up to that date, set on 2004-03-31.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $333.40, making this a +19.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $398.60 per troy ounce on 27 April 2004. That is $2.60 higher than the previous close of $396.00, a move of 0.66%.
The gold price rose on 27 April 2004, gaining $2.60 (0.66%) against the previous session's close of $396.00.
At $398.60 per troy ounce, one gram of pure gold was worth about $12.82 on 27 April 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 April 2004 18k gold was worth about $9.61 per gram and 14k about $7.48 per gram, against $12.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.0 on 27 April 2004, meaning one ounce of gold was worth roughly 64.0 ounces of silver.
A month before 27 April 2004, gold was around $422.10 per troy ounce, so the close of $398.60 is a loss of 5.6% over the month.
A year before 27 April 2004, gold was around $333.40 per troy ounce. The close of $398.60 therefore represents a rise of 19.6% over twelve months.
This close was session 4 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 6.72% below the highest close on record up to that date, which was set on 2004-03-31.