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 28 June 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $401.00 per troy ounce on 28 June 2004, down $1.900 (0.47%) from the previous close of $402.90.
This was the strongest close of the week up to that point.
This close sat 6.15% 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 $345.20, making this a +16.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $401.00 per troy ounce on 28 June 2004. That is $1.90 lower than the previous close of $402.90, a move of -0.47%.
The gold price fell on 28 June 2004, losing $1.90 (0.47%) against the previous session's close of $402.90.
At $401.00 per troy ounce, one gram of pure gold was worth about $12.89 on 28 June 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 June 2004 18k gold was worth about $9.67 per gram and 14k about $7.52 per gram, against $12.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.0 on 28 June 2004, meaning one ounce of gold was worth roughly 68.0 ounces of silver.
A year before 28 June 2004, gold was around $345.20 per troy ounce. The close of $401.00 therefore represents a rise of 16.2% over twelve months.
It closed 6.15% below the highest close on record up to that date, which was set on 2004-03-31.