Distance from the record
This close sat 9.21% 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 4 February 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 October 2004
Gold closed at $414.00 per troy ounce on 4 February 2005, down $2.600 (0.62%) from the previous close of $416.60.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 9.21% below the highest gold close recorded up to that date, set on 2004-12-03.
One of the ten lowest gold closes of that year, ranking 243 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $401.00, making this a +3.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $414.00 per troy ounce on 4 February 2005. That is $2.60 lower than the previous close of $416.60, a move of -0.62%.
The gold price fell on 4 February 2005, losing $2.60 (0.62%) against the previous session's close of $416.60.
At $414.00 per troy ounce, one gram of pure gold was worth about $13.31 on 4 February 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 February 2005 18k gold was worth about $9.98 per gram and 14k about $7.76 per gram, against $13.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.5 on 4 February 2005, meaning one ounce of gold was worth roughly 62.5 ounces of silver.
A week before 4 February 2005, gold was around $425.80 per troy ounce, so the close of $414.00 is a loss of 2.8% over the week.
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 9.21% below the highest close on record up to that date, which was set on 2004-12-03.