Distance from the record
This close sat 6.86% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 8 June 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $424.70 per troy ounce on 8 June 2005, down $0.100 (0.02%) from the previous close of $424.80.
Gold barely moved, closing within 0.02% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 6.86% 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 $391.00, making this a +8.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $424.70 per troy ounce on 8 June 2005. That is $0.10 lower than the previous close of $424.80, a move of -0.02%.
The gold price fell on 8 June 2005, losing $0.10 (0.02%) against the previous session's close of $424.80.
At $424.70 per troy ounce, one gram of pure gold was worth about $13.65 on 8 June 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 June 2005 18k gold was worth about $10.24 per gram and 14k about $7.97 per gram, against $13.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.9 on 8 June 2005, meaning one ounce of gold was worth roughly 56.9 ounces of silver.
A week before 8 June 2005, gold was around $435.90 per troy ounce, so the close of $424.70 is a loss of 2.6% over the week.
It closed 6.86% below the highest close on record up to that date, which was set on 2004-12-03.