Gold Price in February 2004
In February 2004, gold fell 1.4%, from $402.20 at the end of January to $396.40 per troy ounce on February 27, 2004. The highest close was $416.00 on February 17, 2004, the lowest $395.80 on February 25, 2004, and the average over 19 trading days was $403.95. Today's price is 942.3% higher than the February 2004 close.
Gold price chart, February 2004
US dollars per troy ounce · daily closeDaily Gold Prices, February 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 |
|---|---|---|---|---|---|
| Feb 2Mon | $398.70 | −0.87% | $12.82 | ₹5,791 | AED 47.06 |
| Feb 3Tue | $399.20 | +0.13% | $12.83 | ₹5,802 | AED 47.12 |
| Feb 4Wed | $401.00 | +0.45% | $12.89 | ₹5,829 | AED 47.33 |
| Feb 5Thu | $398.10 | −0.72% | $12.80 | ₹5,786 | AED 46.99 |
| Feb 6Fri | $403.60 | +1.38% | $12.98 | ₹5,861 | AED 47.64 |
| Feb 9Mon | $406.80 | +0.79% | $13.08 | ₹5,911 | AED 48.02 |
| Feb 10Tue | $406.40 | −0.10% | $13.07 | ₹5,904 | AED 47.97 |
| Feb 11Wed | $410.20 | +0.94% | $13.19 | ₹5,960 | AED 48.42 |
| Feb 12Thu | $413.70 | +0.85% | $13.30 | ₹6,012 | AED 48.84 |
| Feb 13Fri | $410.30 | −0.82% | $13.19 | ₹5,984 | AED 48.43 |
| Feb 17Tue | $416.00 | +1.39% | $13.37 | ₹6,045 | AED 49.11 |
| Feb 18Wed | $412.30 | −0.89% | $13.26 | ₹5,988 | AED 48.67 |
| Feb 19Thu | $409.80 | −0.61% | $13.18 | ₹5,954 | AED 48.37 |
| Feb 20Fri | $397.50 | −3.00% | $12.78 | ₹5,773 | AED 46.93 |
| Feb 23Mon | $399.00 | +0.38% | $12.83 | ₹5,795 | AED 47.10 |
| Feb 24Tue | $404.50 | +1.38% | $13.00 | ₹5,880 | AED 47.75 |
| Feb 25Wed | $395.80 | −2.15% | $12.73 | ₹5,750 | AED 46.72 |
| Feb 26Thu | $395.80 | 0.00% | $12.73 | ₹5,748 | AED 46.72 |
| Feb 27Fri | $396.40 | +0.15% | $12.74 | ₹5,760 | AED 46.79 |
How February usually goes for gold
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%.
Gold in February 2004: FAQ
What was the price of gold in February 2004?
Gold traded between $395.80 and $416.00 per troy ounce (daily closes) in February 2004, averaging $403.95. It closed the month at $396.40.
How much did gold go down in February 2004?
Gold fell 1.4%, from $402.20 to $396.40. The biggest daily rise was +1.4% on February 17, 2004 and the biggest fall −3.0% on February 20, 2004.
What was the gold price on February 2, 2004?
Gold closed at $398.70 per troy ounce on February 2, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹5,791.
Is February usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.