Distance from the record
This close sat 7.68% 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 6 January 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 November 2004
Gold closed at $421.00 per troy ounce on 6 January 2005, down $5.600 (1.31%) from the previous close of $426.60.
This close extended a run of 4 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 7.68% 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 $422.80, making this a -0.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $421.00 per troy ounce on 6 January 2005. That is $5.60 lower than the previous close of $426.60, a move of -1.31%.
The gold price fell on 6 January 2005, losing $5.60 (1.31%) against the previous session's close of $426.60.
At $421.00 per troy ounce, one gram of pure gold was worth about $13.54 on 6 January 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 January 2005 18k gold was worth about $10.15 per gram and 14k about $7.90 per gram, against $13.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.4 on 6 January 2005, meaning one ounce of gold was worth roughly 65.4 ounces of silver.
A week before 6 January 2005, gold was around $437.50 per troy ounce, so the close of $421.00 is a loss of 3.8% over the week.
A month before 6 January 2005, gold was around $454.20 per troy ounce, so the close of $421.00 is a loss of 7.3% over the month.
This close was session 4 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 7.68% below the highest close on record up to that date, which was set on 2004-12-03.