WHY GOLD MOVED Gold …

Gold price history

Gold price in 2004

Gold averaged $409 an ounce in 2004. That was +12.5% on 2003.

2004 average$409
Highest month$442Dec
Lowest month$384May

Gold today: …

Month by month in 2004

MonthAverage price
January$414
February$405
March$407
April$403
May$384
June$392
July$398
August$401
September$405
October$420
November$439
December$442

2004 on the long-run chart

$50$100$250$500$1,000$2,000$4,000197019801990200020102020

The large dot is 2004. Yearly averages, log scale.

Yearly and monthly figures are averages of daily prices, in US dollars per troy ounce. Source: World Bank Commodity Markets (Pink Sheet), CC BY 4.0, via the open gold-prices dataset. Daily highs and lows were higher and lower than the monthly averages. Latest month in the data: September 2026.

Questions people ask

What was the price of gold in 2004?

Gold averaged about $409 an ounce in 2004. The highest month was December ($442) and the lowest was May ($384).

How much is gold now compared with 2004?

See the live figure at the top of this page. It compares today's price with the 2004 average of $409. Past prices don't tell you what gold will do next.

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