Gold Price in August 2004
In August 2004, gold rose 5.0%, from $391.00 at the end of July to $410.40 per troy ounce on August 31, 2004. The highest close was $413.20 on August 20, 2004, the lowest $391.70 on August 2, 2004, and the average over 22 trading days was $401.89. Today's price is 884.9% higher than the August 2004 close.
Gold price chart, August 2004
US dollars per troy ounce · daily closeDaily Gold Prices, August 2004
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Aug 2Mon | $391.70 | +0.18% | $12.59 | ₹5,822 | AED 46.24 |
| Aug 3Tue | $394.00 | +0.59% | $12.67 | ₹5,854 | AED 46.51 |
| Aug 4Wed | $392.20 | −0.46% | $12.61 | ₹5,839 | AED 46.30 |
| Aug 5Thu | $392.30 | +0.03% | $12.61 | ₹5,836 | AED 46.31 |
| Aug 6Fri | $399.80 | +1.91% | $12.85 | ₹5,937 | AED 47.19 |
| Aug 9Mon | $400.70 | +0.23% | $12.88 | ₹5,965 | AED 47.31 |
| Aug 10Tue | $400.00 | −0.17% | $12.86 | ₹5,946 | AED 47.22 |
| Aug 11Wed | $395.50 | −1.13% | $12.72 | ₹5,876 | AED 46.69 |
| Aug 12Thu | $394.30 | −0.30% | $12.68 | ₹5,856 | AED 46.55 |
| Aug 13Fri | $398.90 | +1.17% | $12.82 | ₹5,929 | AED 47.10 |
| Aug 16Mon | $402.90 | +1.00% | $12.95 | ₹5,989 | AED 47.56 |
| Aug 17Tue | $404.40 | +0.37% | $13.00 | ₹6,012 | AED 47.74 |
| Aug 18Wed | $404.30 | −0.02% | $13.00 | ₹6,013 | AED 47.72 |
| Aug 19Thu | $407.10 | +0.69% | $13.09 | ₹6,056 | AED 48.06 |
| Aug 20Fri | $413.20 | +1.50% | $13.28 | ₹6,139 | AED 48.78 |
| Aug 23Mon | $410.50 | −0.65% | $13.20 | ₹6,091 | AED 48.46 |
| Aug 24Tue | $403.00 | −1.83% | $12.96 | ₹5,987 | AED 47.57 |
| Aug 25Wed | $407.90 | +1.22% | $13.11 | ₹6,065 | AED 48.15 |
| Aug 26Thu | $407.40 | −0.12% | $13.10 | ₹6,061 | AED 48.10 |
| Aug 27Fri | $403.30 | −1.01% | $12.97 | ₹5,994 | AED 47.61 |
| Aug 30Mon | $407.80 | +1.12% | $13.11 | ₹6,061 | AED 48.14 |
| Aug 31Tue | $410.40 | +0.64% | $13.19 | ₹6,106 | AED 48.45 |
How August usually goes for gold
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%.
Gold in August 2004: FAQ
What was the price of gold in August 2004?
Gold traded between $391.70 and $413.20 per troy ounce (daily closes) in August 2004, averaging $401.89. It closed the month at $410.40.
How much did gold go up in August 2004?
Gold rose 5.0%, from $391.00 to $410.40. The biggest daily rise was +1.9% on August 6, 2004 and the biggest fall −1.8% on August 24, 2004.
What was the gold price on August 2, 2004?
Gold closed at $391.70 per troy ounce on August 2, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹5,822.
Is August usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%. Past seasonal patterns are not a reliable guide to any single year.