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Gold Price in October 2004

In October 2004, gold rose 2.3%, from $418.70 at the end of September to $428.50 per troy ounce on October 29, 2004. The highest close was $429.00 on October 25, 2004, the lowest $413.20 on October 13, 2004, and the average over 21 trading days was $421.02. Today's price is 864.2% higher than the October 2004 close.

End of September
$418.70
Month-end close
$428.50
Oct 29
Change
+2.3%
High
$429.00
Oct 25
Low
$413.20
Oct 13
Average
$421.02
21 trading days

Gold price chart, October 2004

US dollars per troy ounce · daily close
$412$421$430Sep 30Oct 6Oct 11Oct 15Oct 20Oct 26Oct 29

Daily Gold Prices, October 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
Oct 1Fri$419.50+0.19% $13.49 ₹6,198AED 49.53
Oct 4Mon$414.00−1.31% $13.31 ₹6,090AED 48.87
Oct 5Tue$418.20+1.01% $13.45 ₹6,153AED 49.37
Oct 6Wed$418.40+0.05% $13.45 ₹6,154AED 49.39
Oct 7Thu$418.00−0.10% $13.44 ₹6,148AED 49.35
Oct 8Fri$423.10+1.22% $13.60 ₹6,209AED 49.94
Oct 11Mon$422.00−0.26% $13.57 ₹6,193AED 49.82
Oct 12Tue$415.10−1.64% $13.35 ₹6,109AED 49.00
Oct 13Wed$413.20−0.46% $13.28 ₹6,080AED 48.78
Oct 14Thu$418.10+1.19% $13.44 ₹6,156AED 49.35
Oct 15Fri$418.70+0.14% $13.46 ₹6,159AED 49.42
Oct 18Mon$416.20−0.60% $13.38 ₹6,122AED 49.14
Oct 19Tue$420.30+0.99% $13.51 ₹6,172AED 49.62
Oct 20Wed$423.50+0.76% $13.62 ₹6,221AED 50.00
Oct 21Thu$424.40+0.21% $13.64 ₹6,229AED 50.10
Oct 22Fri$424.60+0.05% $13.65 ₹6,226AED 50.13
Oct 25Mon$429.00+1.04% $13.79 ₹6,274AED 50.64
Oct 26Tue$426.80−0.51% $13.72 ₹6,253AED 50.39
Oct 27Wed$424.80−0.47% $13.66 ₹6,223AED 50.15
Oct 28Thu$425.10+0.07% $13.67 ₹6,227AED 50.19
Oct 29Fri$428.50+0.80% $13.78 ₹6,242AED 50.58
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 October usually goes for gold

In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%.

Gold in October 2004: FAQ

What was the price of gold in October 2004?

Gold traded between $413.20 and $429.00 per troy ounce (daily closes) in October 2004, averaging $421.02. It closed the month at $428.50.

How much did gold go up in October 2004?

Gold rose 2.3%, from $418.70 to $428.50. The biggest daily rise was +1.2% on October 8, 2004 and the biggest fall −1.6% on October 12, 2004.

What was the gold price on October 1, 2004?

Gold closed at $419.50 per troy ounce on October 1, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,198.

Is October usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%. Past seasonal patterns are not a reliable guide to any single year.