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This page is a historical record of the gold price in February 2004, not the current price.See today's gold price (11 September 2026)
Gold ranged between $395.80 and $416.00 per troy ounce during February 2004, averaging $403.95 across 19 trading days. It finished the period at $396.40, down 1.44% from $402.20.
Metal value only, before dealer margins and fabrication.
The strongest session of February 2004 was 17 February 2004 at +1.39%, and the weakest 20 February 2004 at -3.00%.
Twelve months earlier gold traded around $350.20, making this a +13.19% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 February 2004 | $398.70 | −$3.500 |
| 3 February 2004 | $399.20 | +$0.500 |
| 4 February 2004 | $401.00 | +$1.800 |
| 5 February 2004 | $398.10 | −$2.900 |
| 6 February 2004 | $403.60 | +$5.500 |
| 9 February 2004 | $406.80 | +$3.200 |
| 10 February 2004 | $406.40 | −$0.400 |
| 11 February 2004 | $410.20 | +$3.800 |
| 12 February 2004 | $413.70 | +$3.500 |
| 13 February 2004 | $410.30 | −$3.400 |
| 17 February 2004 | $416.00 | +$5.700 |
| 18 February 2004 | $412.30 | −$3.700 |
| 19 February 2004 | $409.80 | −$2.500 |
| 20 February 2004 | $397.50 | −$12.30 |
| 23 February 2004 | $399.00 | +$1.500 |
| 24 February 2004 | $404.50 | +$5.500 |
| 25 February 2004 | $395.80 | −$8.700 |
| 26 February 2004 | $395.80 | $0.000 |
| 27 February 2004 | $396.40 | +$0.600 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished February 2004 at $396.40 per troy ounce, having fallen $5.80 (1.44%) over the month. It has traded between $395.80 and $416.00 across 19 trading days.
The average gold closing price in February 2004 was $403.95 per troy ounce, calculated across all 19 trading days in the month.
Gold reached its highest close of February 2004 at $416.00 per troy ounce on 17 February 2004.
The lowest gold close in February 2004 was $395.80 per troy ounce on 25 February 2004.
Gold fell during February 2004. It entered the month at $402.20 and closed at $396.40, a change of -1.44%.
Gold closed higher on 10 sessions and lower on 8 during February 2004. The strongest session was 17 February 2004 (+1.39%) and the weakest 20 February 2004 (-3.00%).
Daily closes in February 2004 varied with a standard deviation of 1.18% per session, and the peak-to-trough spread across the month was 5.1% ($395.80 to $416.00).
At the February 2004 close of $396.40 per troy ounce, gold worked out at about $12.74 per gram and $12,744.56 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 62.5 through February 2004 and finished the month near 59.2. A higher ratio means silver is cheap relative to gold.
Gold was around $350.20 per troy ounce twelve months before the end of February 2004. Closing at $396.40 makes that a gain of 13.2% year on year.