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 8 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $434.70 per troy ounce on 8 August 2005, down $2.500 (0.57%) from the previous close of $437.20.
This was the strongest close of the week up to that point.
This close sat 4.67% 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 $399.80, making this a +8.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $434.70 per troy ounce on 8 August 2005. That is $2.50 lower than the previous close of $437.20, a move of -0.57%.
The gold price fell on 8 August 2005, losing $2.50 (0.57%) against the previous session's close of $437.20.
At $434.70 per troy ounce, one gram of pure gold was worth about $13.98 on 8 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 August 2005 18k gold was worth about $10.48 per gram and 14k about $8.15 per gram, against $13.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.1 on 8 August 2005, meaning one ounce of gold was worth roughly 62.1 ounces of silver.
It closed 4.67% below the highest close on record up to that date, which was set on 2004-12-03.