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Gold Price in December 2004

In December 2004, gold fell 3.1%, from $451.30 at the end of November to $437.50 per troy ounce on December 30, 2004. The highest close was $456.00 on December 3, 2004, the lowest $433.90 on December 10, 2004, and the average over 21 trading days was $442.71. Today's price is 823.7% higher than the December 2004 close.

End of November
$451.30
Month-end close
$437.50
Dec 30
Change
−3.1%
High
$456.00
Dec 3
Low
$433.90
Dec 10
Average
$442.71
21 trading days

Gold price chart, December 2004

US dollars per troy ounce · daily close
$432$445$458Nov 30Dec 6Dec 9Dec 15Dec 20Dec 27Dec 30

Daily Gold Prices, December 2004

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Dec 1Wed$454.00+0.60% $14.60 ₹6,456AED 53.59
Dec 2Thu$450.40−0.79% $14.48 ₹6,364AED 53.17
Dec 3Fri$456.00+1.24% $14.66 ₹6,449AED 53.83
Dec 6Mon$454.20−0.39% $14.60 ₹6,368AED 53.61
Dec 7Tue$452.00−0.48% $14.53 ₹6,335AED 53.35
Dec 8Wed$437.20−3.27% $14.06 ₹6,152AED 51.61
Dec 9Thu$435.80−0.32% $14.01 ₹6,172AED 51.44
Dec 10Fri$433.90−0.44% $13.95 ₹6,217AED 51.22
Dec 13Mon$438.90+1.15% $14.11 ₹6,213AED 51.81
Dec 14Tue$435.90−0.68% $14.01 ₹6,165AED 51.45
Dec 15Wed$440.80+1.12% $14.17 ₹6,226AED 52.03
Dec 16Thu$436.90−0.88% $14.05 ₹6,137AED 51.57
Dec 17Fri$441.60+1.08% $14.20 ₹6,233AED 52.13
Dec 20Mon$442.40+0.18% $14.22 ₹6,226AED 52.22
Dec 21Tue$441.80−0.14% $14.20 ₹6,200AED 52.15
Dec 22Wed$440.30−0.34% $14.16 ₹6,196AED 51.99
Dec 23Thu$441.90+0.36% $14.21 ₹6,193AED 52.16
Dec 27Mon$445.20+0.75% $14.31 ₹6,243AED 52.55
Dec 28Tue$444.30−0.20% $14.28 ₹6,232AED 52.45
Dec 29Wed$436.00−1.87% $14.02 ₹6,102AED 51.47
Dec 30Thu$437.50+0.34% $14.07 ₹6,141AED 51.64
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How December usually goes for gold

In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%.

Gold in December 2004: FAQ

What was the price of gold in December 2004?

Gold traded between $433.90 and $456.00 per troy ounce (daily closes) in December 2004, averaging $442.71. It closed the month at $437.50.

How much did gold go down in December 2004?

Gold fell 3.1%, from $451.30 to $437.50. The biggest daily rise was +1.2% on December 3, 2004 and the biggest fall −3.3% on December 8, 2004.

What was the gold price on December 1, 2004?

Gold closed at $454.00 per troy ounce on December 1, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,456.

Is December usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.