Distance from the record
This close sat 9.52% below the highest gold close recorded up to that date, set on 2004-03-31.
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This page is a historical record of the gold price in 29 April 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $386.60 per troy ounce on 29 April 2004, up $1.200 (0.31%) from the previous close of $385.40.
This close sat 9.52% 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 $333.70, making this a +15.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $386.60 per troy ounce on 29 April 2004. That is $1.20 higher than the previous close of $385.40, a move of 0.31%.
The gold price rose on 29 April 2004, gaining $1.20 (0.31%) against the previous session's close of $385.40.
At $386.60 per troy ounce, one gram of pure gold was worth about $12.43 on 29 April 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 April 2004 18k gold was worth about $9.32 per gram and 14k about $7.25 per gram, against $12.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 29 April 2004, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A month before 29 April 2004, gold was around $417.10 per troy ounce, so the close of $386.60 is a loss of 7.3% over the month.
A year before 29 April 2004, gold was around $333.70 per troy ounce. The close of $386.60 therefore represents a rise of 15.9% over twelve months.
It closed 9.52% below the highest close on record up to that date, which was set on 2004-03-31.