Gold Price in December 2005
In December 2005, gold rose 4.5%, from $494.60 at the end of November to $517.10 per troy ounce on December 30, 2005. The highest close was $528.40 on December 12, 2005, the lowest $493.00 on December 21, 2005, and the average over 21 trading days was $509.55. Today's price is 649.7% higher than the December 2005 close.
Gold ended December higher. What usually happens in January after a higher December →
- Gold rose 4.5% in US dollars in December 2005, leaving it up 18.2% for the year to date.
- Measured in other currencies, the change ranged from +2.5% in ZAR to +5.2% in GBP, because exchange rates moved too.
- It did better than US stocks (0.0%), and worse than silver (+6.5%).
- It closed higher on 15 trading days and lower on 6, with an average daily move of 0.88%.
- At the end of the month it was 2.1% below its highest close since 2000.
- Gold/silver ratio: 59.7 → 58.6.
Gold price chart, December 2005
US dollars per troy ounce · daily closeGold in other currencies, December 2005
| Currency | Change in the month |
|---|---|
| GBP | +5.2% |
| CHF | +4.7% |
| PKR | +4.6% |
| CNY | +4.5% |
| EUR | +4.2% |
| TRY | +4.2% |
| CAD | +4.1% |
| EGP | +3.4% |
| JPY | +3.0% |
| INR | +2.5% |
| ZAR | +2.5% |
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, December 2005
| Asset | Change (USD) |
|---|---|
| Gold | +4.5% |
| Silver | +6.5% |
| S&P 500 (with dividends) | 0.0% |
| US inflation (CPI, month) | −0.40% |
| Gold, year to date (end of December) | +18.2% |
| Gold/silver ratio | 59.7 → 58.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, December 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 |
|---|---|---|---|---|---|
| Dec 1Thu | $502.50 | +1.60% | $16.16 | ₹7,417 | AED 59.32 |
| Dec 2Fri | $503.30 | +0.16% | $16.18 | ₹7,461 | AED 59.43 |
| Dec 5Mon | $508.90 | +1.11% | $16.36 | ₹7,566 | AED 60.07 |
| Dec 6Tue | $510.20 | +0.26% | $16.40 | ₹7,565 | AED 60.22 |
| Dec 7Wed | $514.30 | +0.80% | $16.54 | ₹7,633 | AED 60.73 |
| Dec 8Thu | $519.30 | +0.97% | $16.70 | ₹7,708 | AED 61.30 |
| Dec 9Fri | $527.00 | +1.48% | $16.94 | ₹7,813 | AED 62.23 |
| Dec 12Mon | $528.40 | +0.27% | $16.99 | ₹7,808 | AED 62.37 |
| Dec 13Tue | $521.00 | −1.40% | $16.75 | ₹7,709 | AED 61.50 |
| Dec 14Wed | $506.50 | −2.78% | $16.28 | ₹7,422 | AED 59.79 |
| Dec 15Thu | $503.90 | −0.51% | $16.20 | ₹7,326 | AED 59.49 |
| Dec 16Fri | $503.40 | −0.10% | $16.18 | ₹7,342 | AED 59.44 |
| Dec 19Mon | $503.60 | +0.04% | $16.19 | ₹7,331 | AED 59.45 |
| Dec 20Tue | $494.60 | −1.79% | $15.90 | ₹7,178 | AED 58.39 |
| Dec 21Wed | $493.00 | −0.32% | $15.85 | ₹7,148 | AED 58.20 |
| Dec 22Thu | $502.70 | +1.97% | $16.16 | ₹7,309 | AED 59.34 |
| Dec 23Fri | $503.00 | +0.06% | $16.17 | ₹7,293 | AED 59.40 |
| Dec 27Tue | $508.00 | +0.99% | $16.33 | ₹7,363 | AED 59.97 |
| Dec 28Wed | $514.20 | +1.22% | $16.53 | ₹7,443 | AED 60.70 |
| Dec 29Thu | $515.70 | +0.29% | $16.58 | ₹7,479 | AED 60.90 |
| Dec 30Fri | $517.10 | +0.27% | $16.63 | ₹7,476 | AED 61.06 |
How December usually goes for gold
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Every December since 1971 →
Gold in December 2005: FAQ
What was the price of gold in December 2005?
Gold traded between $493.00 and $528.40 per troy ounce (daily closes) in December 2005, averaging $509.55. It closed the month at $517.10.
How much did gold go up in December 2005?
Gold rose 4.5%, from $494.60 to $517.10. The biggest daily rise was +2.0% on December 22, 2005 and the biggest fall −2.8% on December 14, 2005.
What was the gold price on December 1, 2005?
Gold closed at $502.50 per troy ounce on December 1, 2005, the first trading day of the month. 24K India, ₹ per 10 g: ₹7,417.
Is December usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in December 2005?
Gold rose 2.5% in Indian rupee terms in December 2005, compared with +4.5% in US dollars.
Did gold beat stocks in December 2005?
Yes. Gold was +4.5% for the month, against 0.0% for the S&P 500 with dividends.
Did gold keep up with inflation in December 2005?
US consumer prices (CPI) changed −0.40% in December, so gold's real (inflation-adjusted) change was about +5.0%.
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{corgano2026goldpriceindecember, author = {{Corgano}}, title = {Gold Price in December 2005}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2005/december}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}