Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 27 December 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 7 December 2004
Gold closed at $445.20 per troy ounce on 27 December 2004, up $3.300 (0.75%) from the previous close of $441.90.
This was the strongest close of the week up to that point.
This close sat 2.37% 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 $412.30, making this a +7.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $445.20 per troy ounce on 27 December 2004. That is $3.30 higher than the previous close of $441.90, a move of 0.75%.
The gold price rose on 27 December 2004, gaining $3.30 (0.75%) against the previous session's close of $441.90.
At $445.20 per troy ounce, one gram of pure gold was worth about $14.31 on 27 December 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 December 2004 18k gold was worth about $10.74 per gram and 14k about $8.35 per gram, against $14.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.8 on 27 December 2004, meaning one ounce of gold was worth roughly 63.8 ounces of silver.
It closed 2.37% below the highest close on record up to that date, which was set on 2004-12-03.