Gold averaged $409.57 an ounce in 2004, rising 4.6% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $413.90 | $425.50 | $399.75 |
| February | $404.88 | $416.00 | $393.25 |
| March | $406.67 | $423.70 | $390.50 |
| April | $404.74 | $427.25 | $386.00 |
| May | $384.45 | $393.60 | $375.00 |
| June | $392.37 | $404.25 | $384.85 |
| July | $398.09 | $406.50 | $387.30 |
| August | $400.72 | $410.60 | $390.85 |
| September | $405.28 | $415.65 | $396.30 |
| October | $420.46 | $429.15 | $411.25 |
| November | $439.31 | $453.40 | $423.50 |
| December | $441.62 | $454.20 | $434.00 |
Gold averaged $409.57 per troy ounce in 2004. It opened the year at $416.25 and closed at $435.60.
Gold's highest daily price in 2004 was $454.20 on December 2; its lowest was $375.00 on May 10.
Adjusted for US consumer price inflation, 2004's average gold price of $409.57 equals about $724 in today's dollars.
At 2004's average price, $1,000 bought about 2.44 ounces of gold, worth $10,241 at today's price of $4,194.40.