Gold Price in 2005
The gold price rose 17.8% in 2005, from $435.60 at the end of 2004 to $513.00. Its highest close was $536.50 on Dec 12, and its lowest $411.10 on Feb 8. The biggest one-day fall was −2.7% on Dec 21 and the biggest rise +3.6% on Dec 28. Adjusted for inflation, it gained 13.9%.
Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2005 →
Gold Price, daily closes 2005
Numbers mark the events belowKey Events in 2005
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, July 21China ends the yuan's dollar peg, revaluing it to 8.11 per dollar. SourceGold: +0.5% that day · +4.1% a month later
- 2
Thursday, December 1 From the dataBack above its pre-bear-market peak of $499.75 (December 14, 1987).
- 3
Wednesday, December 7 From the dataBack above its pre-bear-market peak of $509.25 (February 15, 1983).
- 4
Wednesday, December 21 From the dataBiggest one-day fall of the year: −2.7%.
- 5
Wednesday, December 28 From the dataBiggest one-day rise of the year: +3.6%.
Biggest days of 2005
| Best days | Worst days | ||
|---|---|---|---|
| Dec 28 | +3.6% | Dec 21 | −2.7% |
| Dec 22 | +2.2% | Dec 13 | −2.6% |
| Dec 7 | +2.2% | Dec 14 | −2.5% |
| Nov 17 | +2.2% | Nov 1 | −2.4% |
| Dec 12 | +2.1% | Jan 4 | −1.8% |
Volatility: 13.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $422.15 | −3.1% |
| Feb | $435.45 | +3.2% |
| Mar | $427.50 | −1.8% |
| Apr | $435.70 | +1.9% |
| May | $414.45 | −4.9% |
| Jun | $437.10 | +5.5% |
| Jul | $429.00 | −1.9% |
| Aug | $433.25 | +1.0% |
| Sep | $473.25 | +9.2% |
| Oct | $470.75 | −0.5% |
| Nov | $495.65 | +5.3% |
| Dec | $513.00 | +3.5% |
Other Markets in 2005
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | +17.8% | $513.00 |
| Dow Jones Industrial Average in 2005 | −0.6% | 10,717.50 |
| S&P 500 in 2005 | +3.0% | 1,248.29 |
| Nasdaq Composite in 2005 | +1.4% | 2,205.32 |
| Russell 2000 in 2005 | +3.3% | 673.22 |
| Nikkei 225 in 2005 | +40.2% | 16,111.43 |
| Silver in 2005 | +29.5% | $8.83 |
| WTI crude oil in 2005 | +40.8% | $61.06 |
| Brent crude oil in 2005 | +44.5% | $58.34 |
| US 10-year Treasury yield in 2005 | +0.15 pp | 4.39% |
Gold Price in 2005: FAQ
How much did the gold price rise in 2005?
The gold price rose 17.8% in 2005, from $435.60 at the end of 2004 to $513.00. Its highest close was $536.50 on Dec 12, and its lowest $411.10 on Feb 8. The biggest one-day fall was −2.7% on Dec 21 and the biggest rise +3.6% on Dec 28. Adjusted for inflation, it gained 13.9%.
What were the highest and lowest closes of the gold price in 2005?
Highest: $536.50 on December 12, 2005. Lowest: $411.10 on February 8, 2005. It closed higher on 134 of 257 trading days.
What happened to the gold price on July 21, 2005?
China ends the yuan's dollar peg, revaluing it to 8.11 per dollar. The gold price rose 0.5% that day, and was +4.1% a month later.
Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.