Distance from the record
This close sat 4.87% below the highest gold close recorded up to that date, set on 2004-12-03.
Loading…
This page is a historical record of the gold price in 31 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $433.80 per troy ounce on 31 August 2005, up $2.600 (0.60%) from the previous close of $431.20.
This close sat 4.87% 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 $410.40, making this a +5.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $433.80 per troy ounce on 31 August 2005. That is $2.60 higher than the previous close of $431.20, a move of 0.60%.
The gold price rose on 31 August 2005, gaining $2.60 (0.60%) against the previous session's close of $431.20.
At $433.80 per troy ounce, one gram of pure gold was worth about $13.95 on 31 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 August 2005 18k gold was worth about $10.46 per gram and 14k about $8.14 per gram, against $13.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.0 on 31 August 2005, meaning one ounce of gold was worth roughly 64.0 ounces of silver.
It closed 4.87% below the highest close on record up to that date, which was set on 2004-12-03.