Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 9 March 2004, not the current price.See today's gold price (11 September 2026)
Highest closing price since 24 February 2004
Gold closed at $404.20 per troy ounce on 9 March 2004, up $3.600 (0.90%) from the previous close of $400.60.
No earlier session that month closed above this level.
This close sat 5.21% below the highest gold close recorded up to that date, set on 2004-01-09.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $350.80, making this a +15.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $404.20 per troy ounce on 9 March 2004. That is $3.60 higher than the previous close of $400.60, a move of 0.90%.
The gold price rose on 9 March 2004, gaining $3.60 (0.90%) against the previous session's close of $400.60.
At $404.20 per troy ounce, one gram of pure gold was worth about $13.00 on 9 March 2004. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 March 2004 18k gold was worth about $9.75 per gram and 14k about $7.58 per gram, against $13.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.4 on 9 March 2004, meaning one ounce of gold was worth roughly 56.4 ounces of silver.
A week before 9 March 2004, gold was around $393.50 per troy ounce, so the close of $404.20 is a gain of 2.7% over the week.
A year before 9 March 2004, gold was around $350.80 per troy ounce. The close of $404.20 therefore represents a rise of 15.2% over twelve months.
It closed 5.21% below the highest close on record up to that date, which was set on 2004-01-09.