Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 7 February 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 October 2004
Gold closed at $413.60 per troy ounce on 7 February 2005, down $0.400 (0.10%) from the previous close of $414.00.
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 was the strongest close of the week up to that point.
This close sat 9.30% below the highest gold close recorded up to that date, set on 2004-12-03.
One of the ten lowest gold closes of that year, ranking 244 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $403.60, making this a +2.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $413.60 per troy ounce on 7 February 2005. That is $0.40 lower than the previous close of $414.00, a move of -0.10%.
The gold price fell on 7 February 2005, losing $0.40 (0.10%) against the previous session's close of $414.00.
At $413.60 per troy ounce, one gram of pure gold was worth about $13.30 on 7 February 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 February 2005 18k gold was worth about $9.97 per gram and 14k about $7.76 per gram, against $13.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.2 on 7 February 2005, meaning one ounce of gold was worth roughly 63.2 ounces of silver.
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 9.30% below the highest close on record up to that date, which was set on 2004-12-03.