Distance from the record
This close sat 9.52% below the highest gold close recorded up to that date, set on 2004-12-03.
Loading…
This page is a historical record of the gold price in 8 February 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 September 2004
Gold closed at $412.60 per troy ounce on 8 February 2005, down $1.000 (0.24%) from the previous close of $413.60.
Notable session: lowest close of the year; lowest close of the month.
This close extended a run of 5 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 9.52% 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 246 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $403.60, making this a +2.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $412.60 per troy ounce on 8 February 2005. That is $1.00 lower than the previous close of $413.60, a move of -0.24%.
The gold price fell on 8 February 2005, losing $1.00 (0.24%) against the previous session's close of $413.60.
At $412.60 per troy ounce, one gram of pure gold was worth about $13.27 on 8 February 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 February 2005 18k gold was worth about $9.95 per gram and 14k about $7.74 per gram, against $13.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.0 on 8 February 2005, meaning one ounce of gold was worth roughly 63.0 ounces of silver.
A week before 8 February 2005, gold was around $436.50 per troy ounce, so the close of $412.60 is a loss of 5.5% over the week.
This close was session 5 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 9.52% below the highest close on record up to that date, which was set on 2004-12-03.