Distance from the record
This close sat 5.92% 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 May 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $429.00 per troy ounce on 4 May 2005, up $2.300 (0.54%) from the previous close of $426.70.
This close sat 5.92% 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 $391.40, making this a +9.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $429.00 per troy ounce on 4 May 2005. That is $2.30 higher than the previous close of $426.70, a move of 0.54%.
The gold price rose on 4 May 2005, gaining $2.30 (0.54%) against the previous session's close of $426.70.
At $429.00 per troy ounce, one gram of pure gold was worth about $13.79 on 4 May 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 May 2005 18k gold was worth about $10.34 per gram and 14k about $8.05 per gram, against $13.79 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.4 on 4 May 2005, meaning one ounce of gold was worth roughly 61.4 ounces of silver.
It closed 5.92% below the highest close on record up to that date, which was set on 2004-12-03.