Distance from the record
This close sat 4.78% 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 9 August 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $434.20 per troy ounce on 9 August 2005, down $0.500 (0.12%) from the previous close of $434.70.
This close extended a run of 3 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 4.78% 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 $400.70, making this a +8.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $434.20 per troy ounce on 9 August 2005. That is $0.50 lower than the previous close of $434.70, a move of -0.12%.
The gold price fell on 9 August 2005, losing $0.50 (0.12%) against the previous session's close of $434.70.
At $434.20 per troy ounce, one gram of pure gold was worth about $13.96 on 9 August 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 August 2005 18k gold was worth about $10.47 per gram and 14k about $8.14 per gram, against $13.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.9 on 9 August 2005, meaning one ounce of gold was worth roughly 61.9 ounces of silver.
This close was session 3 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 4.78% below the highest close on record up to that date, which was set on 2004-12-03.