Gold Price in January 2004
In January 2004, gold fell 3.2%, from $415.70 at the end of December to $402.20 per troy ounce on January 30, 2004. The highest close was $426.40 on January 9, 2004, the lowest $398.50 on January 29, 2004, and the average over 19 trading days was $414.73. Today's price is 927.4% higher than the January 2004 close.
Gold price chart, January 2004
US dollars per troy ounce · daily closeDaily Gold Prices, January 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 |
|---|---|---|---|---|---|
| Jan 5Mon | $424.40 | +2.09% | $13.64 | ₹6,204 | AED 50.10 |
| Jan 6Tue | $422.80 | −0.38% | $13.59 | ₹6,192 | AED 49.91 |
| Jan 7Wed | $421.90 | −0.21% | $13.56 | ₹6,156 | AED 49.80 |
| Jan 8Thu | $424.00 | +0.50% | $13.63 | ₹6,198 | AED 50.05 |
| Jan 9Fri | $426.40 | +0.57% | $13.71 | ₹6,217 | AED 50.33 |
| Jan 12Mon | $426.30 | −0.02% | $13.71 | ₹6,215 | AED 50.32 |
| Jan 13Tue | $423.70 | −0.61% | $13.62 | ₹6,173 | AED 50.01 |
| Jan 14Wed | $421.70 | −0.47% | $13.56 | ₹6,146 | AED 49.78 |
| Jan 15Thu | $408.40 | −3.15% | $13.13 | ₹5,954 | AED 48.21 |
| Jan 16Fri | $406.70 | −0.42% | $13.08 | ₹5,927 | AED 48.01 |
| Jan 20Tue | $412.70 | +1.48% | $13.27 | ₹6,014 | AED 48.72 |
| Jan 21Wed | $411.10 | −0.39% | $13.22 | ₹5,988 | AED 48.53 |
| Jan 22Thu | $410.00 | −0.27% | $13.18 | ₹5,974 | AED 48.40 |
| Jan 23Fri | $407.90 | −0.51% | $13.11 | ₹5,933 | AED 48.16 |
| Jan 26Mon | $406.60 | −0.32% | $13.07 | ₹5,912 | AED 48.00 |
| Jan 27Tue | $410.00 | +0.84% | $13.18 | ₹5,968 | AED 48.40 |
| Jan 28Wed | $414.50 | +1.10% | $13.33 | ₹6,031 | AED 48.93 |
| Jan 29Thu | $398.50 | −3.86% | $12.81 | ₹5,800 | AED 47.04 |
| Jan 30Fri | $402.20 | +0.93% | $12.93 | ₹5,819 | AED 47.48 |
How January usually goes for gold
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%.
Gold in January 2004: FAQ
What was the price of gold in January 2004?
Gold traded between $398.50 and $426.40 per troy ounce (daily closes) in January 2004, averaging $414.73. It closed the month at $402.20.
How much did gold go down in January 2004?
Gold fell 3.2%, from $415.70 to $402.20. The biggest daily rise was +2.1% on January 5, 2004 and the biggest fall −3.9% on January 29, 2004.
What was the gold price on January 5, 2004?
Gold closed at $424.40 per troy ounce on January 5, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,204.
Is January usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.