Gold price in April 2004: daily prices, high, low and change
Gold closed April 2004 at $387.00 an ounce, down 9.43% on the month. The highest close was $427.80 on 1 Apr and the lowest $385.40 on 28 Apr. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, April 2004 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = March 2004 close ($427.30).
Daily gold prices in April 2004 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Thu 1 Apr | $427.20 | $432.00 | $424.50 | $427.80 | +$0.50 | +0.12% |
| Fri 2 Apr | $426.60 | $429.00 | $417.50 | $421.60 | −$6.20 | −1.45% |
| Mon 5 Apr | $421.60 | $421.60 | $414.00 | $415.40 | −$6.20 | −1.47% |
| Tue 6 Apr | $415.60 | $419.80 | $415.60 | $418.90 | +$3.50 | +0.84% |
| Wed 7 Apr best day | $418.90 | $423.60 | $417.80 | $422.80 | +$3.90 | +0.93% |
| Thu 8 Apr | $423.30 | $423.30 | $419.00 | $419.90 | −$2.90 | −0.69% |
| Mon 12 Apr | $421.10 | $422.10 | $418.00 | $420.10 | +$0.20 | +0.05% |
| Tue 13 Apr | $417.80 | $417.80 | $406.00 | $407.00 | −$13.10 | −3.12% |
| Wed 14 Apr | $407.30 | $407.90 | $399.00 | $399.80 | −$7.20 | −1.77% |
| Thu 15 Apr | $401.00 | $401.00 | $396.50 | $397.70 | −$2.10 | −0.53% |
| Fri 16 Apr | $399.60 | $402.20 | $398.50 | $401.00 | +$3.30 | +0.83% |
| Mon 19 Apr | $404.60 | $404.60 | $400.20 | $400.60 | −$0.40 | −0.10% |
| Tue 20 Apr | $400.30 | $400.30 | $396.80 | $397.70 | −$2.90 | −0.72% |
| Wed 21 Apr | $393.40 | $395.00 | $390.00 | $390.80 | −$6.90 | −1.73% |
| Thu 22 Apr | $390.50 | $393.50 | $390.50 | $393.30 | +$2.50 | +0.64% |
| Fri 23 Apr | $393.00 | $396.80 | $393.00 | $395.10 | +$1.80 | +0.46% |
| Mon 26 Apr | — | — | — | $396.00 | +$0.90 | +0.23% |
| Tue 27 Apr | $397.70 | $399.00 | $395.80 | $398.60 | +$2.60 | +0.66% |
| Wed 28 Apr worst day | $395.50 | $396.00 | $384.10 | $385.40 | −$13.20 | −3.31% |
| Thu 29 Apr | — | — | — | $386.60 | +$1.20 | +0.31% |
| Fri 30 Apr | — | — | — | $387.00 | +$0.40 | +0.10% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 3 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| April 2004 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $427.80 | $427.80 | $385.40 | $387.00 | −9.43% |
| Intraday | $427.20 | $432.00 1 Apr | $384.10 28 Apr | $387.00 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2004 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in April 2004: summary
It was the steepest monthly fall in the daily record, which starts in August 2000. Gold slumped 9.43% in April 2004, settling the month at $387.00 an ounce against $427.30 at the end of March 2004. Settlement prices ranged from $385.40 on 28 April 2004 to $427.80 on 1 April 2004, a spread of $42.40 (9.9%), wider than the 6.2% average of the previous 12 months. Gold closed higher on 11 of 21 trading days and lower on 10; the strongest session was 7 April 2004 (+0.93%) and the weakest 28 April 2004 (−3.31%).
How April 2004 compares
- Against other Aprils: at −9.43%, April 2004 ranks 26th of 26 Aprils since 2001 (best first), the worst since 2001.
- Against every month: it ranks 307th of 313 months since September 2000, better than 2% of them.
- Range: the gap between the highest and lowest close was $42.40, or 9.9% of the opening level, 1.6× the 6.2% average of the previous 12 months.
- Daily moves: the average day moved 0.95% (up or down), against 0.83% over the previous 12 months, so April 2004 was more volatile than usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was −6.90% for 2004 to the end of April and +14.13% over 12 months (against the April 2003 close of $339.10).
- Average price: the mean of the 21 daily closes was $403.96; the World Bank's monthly average of the London (LBMA) price was $403.00.
Across the other 25 completed Aprils since 2001, gold averaged +1.71% and rose in 16 of them (64%). April 2004 lagged that average by 11.1 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Aprils side by side.
April 2004 in today's dollars
Adjusted for US consumer-price inflation, the $387.00 closing price equals about $694 in September 2026 dollars (CPI 187.4 in April 2004 against 336.3 in September 2026, FRED series CPIAUCSL), 79% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2004
The gold price in 2004 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in April 2004?
Gold closed April 2004 at $387.00 an ounce (COMEX settlement). It opened the month at $427.80 and averaged $403.96 across 21 trading days; the World Bank’s London average for the month was $403.00.
Did gold go up in April 2004?
No. Gold was down 9.43% in April 2004, from $427.30 at the end of March 2004 to $387.00. It closed higher on 11 of 21 days. Among Aprils since 2001 it ranks 26th of 26 (best first).
What was the highest gold price in April 2004?
The highest close was $427.80 on 1 April 2004. The highest intraday price in the daily bars was $432.00 on 1 April 2004.
What was the lowest gold price in April 2004?
The lowest close was $385.40 on 28 April 2004, $42.40 (9.9%) below the month’s highest close. The lowest intraday price was $384.10 on 28 April 2004.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.