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Gold ranged between $394.00 and $394.00 per troy ounce during May 2004, averaging $394.00 across 1 trading day. It finished the period at $394.00, up 1.81% from $387.00.
Metal value only, before dealer margins and fabrication.
The strongest session of May 2004 was 1 May 2004 at +1.81%, and the weakest 1 May 2004 at +1.81%.
Twelve months earlier gold traded around $364.50, making this a +8.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished May 2004 at $394.00 per troy ounce, having risen $7.00 (1.81%) over the month. It has traded between $394.00 and $394.00 across 1 trading day.
The average gold closing price in May 2004 was $394.00 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of May 2004 at $394.00 per troy ounce on 1 May 2004.
The lowest gold close in May 2004 was $394.00 per troy ounce on 1 May 2004.
Gold rose during May 2004. It entered the month at $387.00 and closed at $394.00, a change of 1.81%.
Gold closed higher on 1 session and lower on 0 during May 2004. The strongest session was 1 May 2004 (+1.81%) and the weakest 1 May 2004 (1.81%).
Daily closes in May 2004 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($394.00 to $394.00).
At the May 2004 close of $394.00 per troy ounce, gold worked out at about $12.67 per gram and $12,667.39 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 64.5 through May 2004 and finished the month near 64.5. A higher ratio means silver is cheap relative to gold.
Gold was around $364.50 per troy ounce twelve months before the end of May 2004. Closing at $394.00 makes that a gain of 8.1% year on year.