Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 5 July 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 June 2005
Gold closed at $422.90 per troy ounce on 5 July 2005, down $7.000 (1.63%) from the previous close of $429.90.
This close extended a run of 6 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 was the strongest close of the week up to that point.
This close sat 7.26% 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 $398.30, making this a +6.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $422.90 per troy ounce on 5 July 2005. That is $7.00 lower than the previous close of $429.90, a move of -1.63%.
The gold price fell on 5 July 2005, losing $7.00 (1.63%) against the previous session's close of $429.90.
At $422.90 per troy ounce, one gram of pure gold was worth about $13.60 on 5 July 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 July 2005 18k gold was worth about $10.20 per gram and 14k about $7.93 per gram, against $13.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.9 on 5 July 2005, meaning one ounce of gold was worth roughly 61.9 ounces of silver.
A week before 5 July 2005, gold was around $436.40 per troy ounce, so the close of $422.90 is a loss of 3.1% over the week.
This close was session 6 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 7.26% below the highest close on record up to that date, which was set on 2004-12-03.