Distance from the record
This close sat 8.52% below the highest gold close recorded up to that date, set on 2004-03-31.
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This page is a historical record of the gold price in 4 June 2004, not the current price.See today's gold price (11 September 2026)
Gold closed at $390.90 per troy ounce on 4 June 2004, up $2.800 (0.72%) from the previous close of $388.10.
This close sat 8.52% 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 $362.60, making this a +7.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $390.90 per troy ounce on 4 June 2004. That is $2.80 higher than the previous close of $388.10, a move of 0.72%.
The gold price rose on 4 June 2004, gaining $2.80 (0.72%) against the previous session's close of $388.10.
At $390.90 per troy ounce, one gram of pure gold was worth about $12.57 on 4 June 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 June 2004 18k gold was worth about $9.43 per gram and 14k about $7.33 per gram, against $12.57 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.4 on 4 June 2004, meaning one ounce of gold was worth roughly 67.4 ounces of silver.
It closed 8.52% below the highest close on record up to that date, which was set on 2004-03-31.