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Gold Price in 2005 | Historical Gold Prices

Annual summary, monthly averages, and key events that shaped gold prices in 2005

200420052006

Jan 1

$426

Opening Price

Dec 31

$513

Closing Price

Year High

$536

Annual High

Year Low

$411

Annual Low

Annual Avg

$444

Average Price

vs 2004

+17.1%

Annual Change

Monthly Gold Price Chart — 2005

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $422High: $509

Monthly Average Gold Prices — 2005

MonthAvg Price (USD/oz)vs Prev Month
Jan 2005$422-0.9%
Feb 2005$423+0.2%
Mar 2005$429+1.4%
Apr 2005$429+0.0%
May 2005$422-1.6%
Jun 2005$430+1.9%
Jul 2005$425-1.2%
Aug 2005$437+2.8%
Sep 2005$473+8.2%
Oct 2005$470-0.6%
Nov 2005$477+1.5%
Dec 2005$509+6.7%

What Happened to Gold in 2005?

Gold surged in the second half of 2005, breaking through $500 for the first time since 1987. Hurricane Katrina in August disrupted US energy infrastructure and highlighted America's vulnerabilities. Strong Asian central bank demand and expanding gold ETF assets drove prices. The dollar's gradual weakening continued.

Browse All Years

2000-5.5%2001+1.1%2002+25.2%2003+19.9%2004+5.3%2005+17.1%2006+23.9%2007+31.1%2008+4.3%2009+24.9%2010+29.5%2011+10.2%2012+7%2013-28.3%2014-1.7%2015-10.5%2016+8.6%2017+13.1%2018-1.8%2019+18.6%2020+25.1%2021-4.3%2022+1%2023+13.1%2024+27.3%2025+12.4%2026+54.7%

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