Distance from the record
This close sat 6.43% 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 3 May 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 15 April 2005
Gold closed at $426.70 per troy ounce on 3 May 2005, down $2.800 (0.65%) from the previous close of $429.50.
This close sat 6.43% 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 +10.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $426.70 per troy ounce on 3 May 2005. That is $2.80 lower than the previous close of $429.50, a move of -0.65%.
The gold price fell on 3 May 2005, losing $2.80 (0.65%) against the previous session's close of $429.50.
At $426.70 per troy ounce, one gram of pure gold was worth about $13.72 on 3 May 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 May 2005 18k gold was worth about $10.29 per gram and 14k about $8.00 per gram, against $13.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.3 on 3 May 2005, meaning one ounce of gold was worth roughly 62.3 ounces of silver.
A week before 3 May 2005, gold was around $437.90 per troy ounce, so the close of $426.70 is a loss of 2.6% over the week.
It closed 6.43% below the highest close on record up to that date, which was set on 2004-12-03.