Gold Price in August 2005
In August 2005, gold rose 2.4%, from $431.90 at the end of July to $442.30 per troy ounce on August 31, 2005. The highest close was $446.10 on August 15, 2005, the lowest $431.20 on August 29, 2005, and the average over 27 trading days was $438.45. Today's price is 776.5% higher than the August 2005 close.
Gold ended August higher. What usually happens in September after a higher August →
- Gold rose 2.4% in US dollars in August 2005, leaving it up 1.1% for the year to date.
- Measured in other currencies, the change ranged from −1.5% in ZAR to +3.6% in INR, because exchange rates moved too.
- It did better than silver (−4.3%) and US stocks (−0.9%).
- It closed higher on 11 trading days and lower on 11, with an average daily move of 0.52%.
- At the end of the month it was 3.0% below its highest close since 2000.
- Gold/silver ratio: 59.3 → 63.5.
Gold price chart, August 2005
US dollars per troy ounce · daily closeGold in other currencies, August 2005
| Currency | Change in the month |
|---|---|
| INR | +3.6% |
| TRY | +3.6% |
| PKR | +2.4% |
| CNY | +2.3% |
| EGP | +1.5% |
| JPY | +0.3% |
| CAD | 0.0% |
| EUR | −0.1% |
| CHF | −1.1% |
| GBP | −1.2% |
| ZAR | −1.5% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, August 2005
| Asset | Change (USD) |
|---|---|
| Gold | +2.4% |
| Silver | −4.3% |
| S&P 500 (with dividends) | −0.9% |
| US inflation (CPI, month) | +0.51% |
| Gold, year to date (end of August) | +1.1% |
| Gold/silver ratio | 59.3 → 63.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, August 2005
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Aug 1Mon | $431.90 | 0.00% | $13.89 | ₹6,026 | AED 50.98 |
| Aug 2Tue | $436.90 | +1.16% | $14.05 | ₹6,092 | AED 51.57 |
| Aug 3Wed | $437.90 | +0.23% | $14.08 | ₹6,109 | AED 51.71 |
| Aug 4Thu | $437.20 | −0.16% | $14.06 | ₹6,103 | AED 51.62 |
| Aug 5Fri | $437.20 | 0.00% | $14.06 | ₹6,103 | AED 51.62 |
| Aug 7Sun | $434.70 | −0.57% | $13.98 | ₹6,073 | AED 51.33 |
| Aug 8Mon | $434.20 | −0.12% | $13.96 | ₹6,066 | AED 51.23 |
| Aug 9Tue | $436.50 | +0.53% | $14.03 | ₹6,098 | AED 51.53 |
| Aug 10Wed | $445.50 | +2.06% | $14.32 | ₹6,231 | AED 52.60 |
| Aug 11Thu | $445.90 | +0.09% | $14.34 | ₹6,245 | AED 52.65 |
| Aug 12Fri | $445.90 | 0.00% | $14.34 | ₹6,245 | AED 52.65 |
| Aug 14Sun | $442.20 | −0.83% | $14.22 | ₹6,176 | AED 52.20 |
| Aug 15Mon | $446.10 | +0.88% | $14.34 | ₹6,232 | AED 52.66 |
| Aug 16Tue | $439.90 | −1.39% | $14.14 | ₹6,147 | AED 51.93 |
| Aug 17Wed | $439.50 | −0.09% | $14.13 | ₹6,147 | AED 51.86 |
| Aug 18Thu | $437.20 | −0.52% | $14.06 | ₹6,117 | AED 51.63 |
| Aug 19Fri | $437.20 | 0.00% | $14.06 | ₹6,117 | AED 51.63 |
| Aug 21Sun | $438.10 | +0.21% | $14.09 | ₹6,134 | AED 51.73 |
| Aug 22Mon | $439.40 | +0.30% | $14.13 | ₹6,157 | AED 51.87 |
| Aug 23Tue | $437.30 | −0.48% | $14.06 | ₹6,144 | AED 51.64 |
| Aug 24Wed | $438.40 | +0.25% | $14.09 | ₹6,159 | AED 51.75 |
| Aug 25Thu | $437.40 | −0.23% | $14.06 | ₹6,131 | AED 51.64 |
| Aug 26Fri | $437.40 | 0.00% | $14.06 | ₹6,131 | AED 51.64 |
| Aug 28Sun | $437.00 | −0.09% | $14.05 | ₹6,134 | AED 51.58 |
| Aug 29Mon | $431.20 | −1.33% | $13.86 | ₹6,052 | AED 50.90 |
| Aug 30Tue | $433.80 | +0.60% | $13.95 | ₹6,134 | AED 51.22 |
| Aug 31Wed | $442.30 | +1.96% | $14.22 | ₹6,243 | AED 52.20 |
How August usually goes for gold
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.5% and a median of +1.1%. Every August since 1971 →
Gold in August 2005: FAQ
What was the price of gold in August 2005?
Gold traded between $431.20 and $446.10 per troy ounce (daily closes) in August 2005, averaging $438.45. It closed the month at $442.30.
How much did gold go up in August 2005?
Gold rose 2.4%, from $431.90 to $442.30. The biggest daily rise was +2.1% on August 10, 2005 and the biggest fall −1.4% on August 16, 2005.
What was the gold price on August 1, 2005?
Gold closed at $431.90 per troy ounce on August 1, 2005, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,026.
Is August usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.5% and a median of +1.1%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in August 2005?
Gold rose 3.6% in Indian rupee terms in August 2005, compared with +2.4% in US dollars.
Did gold beat stocks in August 2005?
Yes. Gold was +2.4% for the month, against −0.9% for the S&P 500 with dividends.
Did gold keep up with inflation in August 2005?
US consumer prices (CPI) changed +0.51% in August, so gold's real (inflation-adjusted) change was about +1.9%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinaugust, author = {{Corgano}}, title = {Gold Price in August 2005}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2005/august}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}