Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 7 June 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 28 May 2004
Gold closed at $393.80 per troy ounce on 7 June 2004, up $2.900 (0.74%) from the previous close of $390.90.
No earlier session that month closed above this level.
This close sat 7.84% below the highest gold close recorded up to that date, set on 2004-03-31.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $363.70, making this a +8.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $393.80 per troy ounce on 7 June 2004. That is $2.90 higher than the previous close of $390.90, a move of 0.74%.
The gold price rose on 7 June 2004, gaining $2.90 (0.74%) against the previous session's close of $390.90.
At $393.80 per troy ounce, one gram of pure gold was worth about $12.66 on 7 June 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 June 2004 18k gold was worth about $9.50 per gram and 14k about $7.39 per gram, against $12.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.8 on 7 June 2004, meaning one ounce of gold was worth roughly 66.8 ounces of silver.
It closed 7.84% below the highest close on record up to that date, which was set on 2004-03-31.