Distance from the record
This close sat 8.14% below the highest gold close recorded up to that date, set on 2004-03-31.
Loading…
This page is a historical record of the gold price in 29 June 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 17 June 2004
Gold closed at $392.50 per troy ounce on 29 June 2004, down $8.500 (2.12%) from the previous close of $401.00.
Gold lost 2.12% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 8.14% 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 +13.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $392.50 per troy ounce on 29 June 2004. That is $8.50 lower than the previous close of $401.00, a move of -2.12%.
The gold price fell on 29 June 2004, losing $8.50 (2.12%) against the previous session's close of $401.00.
At $392.50 per troy ounce, one gram of pure gold was worth about $12.62 on 29 June 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 June 2004 18k gold was worth about $9.46 per gram and 14k about $7.36 per gram, against $12.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.1 on 29 June 2004, meaning one ounce of gold was worth roughly 67.1 ounces of silver.
A year before 29 June 2004, gold was around $345.20 per troy ounce. The close of $392.50 therefore represents a rise of 13.7% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.14% below the highest close on record up to that date, which was set on 2004-03-31.