Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 5 December 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $508.90 per troy ounce on 5 December 2005, up $5.600 (1.11%) from the previous close of $503.30.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 1.59% below the highest gold close recorded up to that date, set on 2005-12-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $456.00, making this a +11.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $508.90 per troy ounce on 5 December 2005. That is $5.60 higher than the previous close of $503.30, a move of 1.11%.
The gold price rose on 5 December 2005, gaining $5.60 (1.11%) against the previous session's close of $503.30.
At $508.90 per troy ounce, one gram of pure gold was worth about $16.36 on 5 December 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2005 18k gold was worth about $12.27 per gram and 14k about $9.54 per gram, against $16.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.0 on 5 December 2005, meaning one ounce of gold was worth roughly 59.0 ounces of silver.
A week before 5 December 2005, gold was around $498.30 per troy ounce, so the close of $508.90 is a gain of 2.1% over the week.
A month before 5 December 2005, gold was around $456.30 per troy ounce, so the close of $508.90 is a gain of 11.5% over the month.
It closed 1.59% below the highest close on record up to that date, which was set on 2005-12-01.