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This page is a historical record of the gold price in 27 October 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $424.80 per troy ounce on 27 October 2004, down $2.000 (0.47%) from the previous close of $426.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $387.90, making this a +9.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $424.80 per troy ounce on 27 October 2004. That is $2.00 lower than the previous close of $426.80, a move of -0.47%.
The gold price fell on 27 October 2004, losing $2.00 (0.47%) against the previous session's close of $426.80.
At $424.80 per troy ounce, one gram of pure gold was worth about $13.66 on 27 October 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2004 18k gold was worth about $10.24 per gram and 14k about $7.97 per gram, against $13.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.1 on 27 October 2004, meaning one ounce of gold was worth roughly 59.1 ounces of silver.
It closed 0.98% below the highest close on record up to that date, which was set on 2004-10-25.