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.
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 |