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 29 July 2005, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 July 2005
Gold closed at $429.90 per troy ounce on 29 July 2005, up $2.600 (0.61%) from the previous close of $427.30.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 5.72% 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 $387.00, making this a +11.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $429.90 per troy ounce on 29 July 2005. That is $2.60 higher than the previous close of $427.30, a move of 0.61%.
The gold price rose on 29 July 2005, gaining $2.60 (0.61%) against the previous session's close of $427.30.
At $429.90 per troy ounce, one gram of pure gold was worth about $13.82 on 29 July 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 July 2005 18k gold was worth about $10.37 per gram and 14k about $8.06 per gram, against $13.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.4 on 29 July 2005, meaning one ounce of gold was worth roughly 59.4 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 5.72% below the highest close on record up to that date, which was set on 2004-12-03.