Gold Price in 2005

In 2005, the price of gold averaged $444 per troy ounce, up 8.6% from the year before. This page covers the 2005 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.

2005 Average

$444

LBMA annual average, USD/oz

Change vs 2004

+8.6%

from $409 in 2004

2005 High

$541

from daily trading data

2005 Low

$411

from daily trading data

Year-End Close

$515

last trading day of 2005

What happened to the gold price in 2005

Gold averaged $444 per troy ounce in 2005, up 8.6% from $409 the year before. Daily trading data shows gold moved between a low of $411 and a high of $541 during the year, ending 2005 at $515.

The 2000s brought gold's modern bull market. The dot-com bust, the September 11 attacks, a weakening dollar, and finally the 2008 financial crisis rebuilt investment demand, carrying gold past $1,000 per ounce for the first time.

Adjusted for inflation, gold's 2005 average of $444 equals about $733 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of gold in 2005?

Gold averaged $444 per troy ounce in 2005, based on LBMA annual average data. Daily prices ranged from a low of $411 to a high of $541, and the year closed at $515. That average was up 8.6% from $409 in 2004.

What is a 2005 gold price worth in today's dollars?

Adjusted with the US Consumer Price Index, gold's 2005 average of $444 works out to roughly $733 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.