Distance from the record
This close sat 4.43% 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 December 2004, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 11 November 2004
Gold closed at $435.80 per troy ounce on 9 December 2004, down $1.400 (0.32%) from the previous close of $437.20.
This close extended a run of 4 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 4.43% 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 $408.20, making this a +6.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $435.80 per troy ounce on 9 December 2004. That is $1.40 lower than the previous close of $437.20, a move of -0.32%.
The gold price fell on 9 December 2004, losing $1.40 (0.32%) against the previous session's close of $437.20.
At $435.80 per troy ounce, one gram of pure gold was worth about $14.01 on 9 December 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 December 2004 18k gold was worth about $10.51 per gram and 14k about $8.17 per gram, against $14.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.5 on 9 December 2004, meaning one ounce of gold was worth roughly 64.5 ounces of silver.
A week before 9 December 2004, gold was around $450.40 per troy ounce, so the close of $435.80 is a loss of 3.2% over the week.
This close was session 4 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 4.43% below the highest close on record up to that date, which was set on 2004-12-03.