Distance from the record
This close sat 4.39% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 29 December 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 14 December 2004
Gold closed at $436.00 per troy ounce on 29 December 2004, down $8.300 (1.87%) from the previous close of $444.30.
This close sat 4.39% 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 $414.80, making this a +5.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $436.00 per troy ounce on 29 December 2004. That is $8.30 lower than the previous close of $444.30, a move of -1.87%.
The gold price fell on 29 December 2004, losing $8.30 (1.87%) against the previous session's close of $444.30.
At $436.00 per troy ounce, one gram of pure gold was worth about $14.02 on 29 December 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 December 2004 18k gold was worth about $10.51 per gram and 14k about $8.18 per gram, against $14.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.1 on 29 December 2004, meaning one ounce of gold was worth roughly 64.1 ounces of silver.
It closed 4.39% below the highest close on record up to that date, which was set on 2004-12-03.