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 September 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $409.10 per troy ounce on 27 September 2004, up $1.000 (0.25%) from the previous close of $408.10.
This was the strongest close of the week up to that point.
This close sat 4.26% 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 $380.80, making this a +7.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $409.10 per troy ounce on 27 September 2004. That is $1.00 higher than the previous close of $408.10, a move of 0.25%.
The gold price rose on 27 September 2004, gaining $1.00 (0.25%) against the previous session's close of $408.10.
At $409.10 per troy ounce, one gram of pure gold was worth about $13.15 on 27 September 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 September 2004 18k gold was worth about $9.86 per gram and 14k about $7.67 per gram, against $13.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.7 on 27 September 2004, meaning one ounce of gold was worth roughly 62.7 ounces of silver.
It closed 4.26% below the highest close on record up to that date, which was set on 2004-03-31.