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 March 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $435.00 per troy ounce on 7 March 2005, up $0.800 (0.18%) from the previous close of $434.20.
No earlier session that month closed above this level.
This close sat 4.61% 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 $401.30, making this a +8.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $435.00 per troy ounce on 7 March 2005. That is $0.80 higher than the previous close of $434.20, a move of 0.18%.
The gold price rose on 7 March 2005, gaining $0.80 (0.18%) against the previous session's close of $434.20.
At $435.00 per troy ounce, one gram of pure gold was worth about $13.99 on 7 March 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 March 2005 18k gold was worth about $10.49 per gram and 14k about $8.16 per gram, against $13.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.1 on 7 March 2005, meaning one ounce of gold was worth roughly 59.1 ounces of silver.
A month before 7 March 2005, gold was around $413.60 per troy ounce, so the close of $435.00 is a gain of 5.2% over the month.
It closed 4.61% below the highest close on record up to that date, which was set on 2004-12-03.