2004 Gold Price in Today's Dollars

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In 2004, the average price of gold was $409.53 per troy ounce.

This is equivalent to $681.62 in 2024 dollars.

Note: We determine the value of a dollar using the Consumer Price Index from December of the previous year.

More Inflation Items

Has the price of gold increased faster than inflation?

Here's how much the 2004 gold price of $409.53 would be worth over time, compared to the actual price from that year.

Year Inflation-adjusted Actual
2023 $660 $1,943
2022 $620 $1,802
2021 $579 $1,799
2020 $571 $1,774
2019 $558 $1,393
2018 $548 $1,269
2017 $536 $1,260
2016 $526 $1,252
2015 $522 $1,159
2014 $518 $1,266
2013 $510 $1,410
2012 $501 $1,669
2011 $487 $1,573
2010 $480 $1,227
2009 $467 $974
2008 $467 $872
2007 $448 $696
2006 $437 $604
2005 $423 $445
2004 $410 $410