Gold Price in July 2005
In July 2005, gold rose 1.0%, from $427.80 at the end of June to $431.90 per troy ounce on July 31, 2005. The highest close was $431.90 on July 31, 2005, the lowest $419.60 on July 13, 2005, and the average over 25 trading days was $424.38. Today's price is 797.6% higher than the July 2005 close.
Gold ended July higher. What usually happens in August after a higher July →
- Gold rose 1.0% in US dollars in July 2005, leaving it down 1.3% for the year to date.
- Measured in other currencies, the change ranged from −3.7% in ZAR to +1.4% in JPY, because exchange rates moved too.
- It did worse than silver (+6.3%) and US stocks (+3.7%).
- It closed higher on 11 trading days and lower on 9, with an average daily move of 0.34%.
- At the end of the month it was 5.3% below its highest close since 2000.
- Gold/silver ratio: 62.4 → 59.3.
Gold price chart, July 2005
US dollars per troy ounce · daily closeGold in other currencies, July 2005
| Currency | Change in the month |
|---|---|
| JPY | +1.4% |
| GBP | +1.0% |
| EGP | +0.8% |
| PKR | +0.8% |
| INR | +0.7% |
| TRY | +0.2% |
| CHF | −0.4% |
| EUR | −1.1% |
| CNY | −1.1% |
| CAD | −1.5% |
| ZAR | −3.7% |
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, July 2005
| Asset | Change (USD) |
|---|---|
| Gold | +1.0% |
| Silver | +6.3% |
| S&P 500 (with dividends) | +3.7% |
| US inflation (CPI, month) | +0.46% |
| Gold, year to date (end of July) | −1.3% |
| Gold/silver ratio | 62.4 → 59.3 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in July 2005
- Thursday, July 21China ends the yuan's dollar peg, revaluing it to 8.11 per dollar. SourceGold: −0.2% that day
Daily Gold Prices, July 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 |
|---|---|---|---|---|---|
| Jul 1Fri | $427.80 | 0.00% | $13.75 | ₹5,983 | AED 50.52 |
| Jul 4Mon | $422.90 | −1.15% | $13.60 | ₹5,914 | AED 49.92 |
| Jul 5Tue | $423.50 | +0.14% | $13.62 | ₹5,923 | AED 49.99 |
| Jul 6Wed | $423.30 | −0.05% | $13.61 | ₹5,928 | AED 49.97 |
| Jul 7Thu | $422.90 | −0.09% | $13.60 | ₹5,920 | AED 49.94 |
| Jul 8Fri | $422.90 | 0.00% | $13.60 | ₹5,920 | AED 49.94 |
| Jul 10Sun | $425.50 | +0.61% | $13.68 | ₹5,945 | AED 50.23 |
| Jul 11Mon | $426.30 | +0.19% | $13.71 | ₹5,957 | AED 50.32 |
| Jul 12Tue | $423.90 | −0.56% | $13.63 | ₹5,916 | AED 50.05 |
| Jul 13Wed | $419.60 | −1.01% | $13.49 | ₹5,858 | AED 49.55 |
| Jul 14Thu | $420.70 | +0.26% | $13.53 | ₹5,880 | AED 49.68 |
| Jul 15Fri | $420.70 | 0.00% | $13.53 | ₹5,880 | AED 49.68 |
| Jul 17Sun | $420.50 | −0.05% | $13.52 | ₹5,875 | AED 49.65 |
| Jul 18Mon | $419.70 | −0.19% | $13.49 | ₹5,872 | AED 49.56 |
| Jul 19Tue | $421.70 | +0.48% | $13.56 | ₹5,891 | AED 49.78 |
| Jul 20Wed | $425.40 | +0.88% | $13.68 | ₹5,881 | AED 50.22 |
| Jul 21Thu | $424.70 | −0.16% | $13.65 | ₹5,933 | AED 50.15 |
| Jul 22Fri | $424.70 | 0.00% | $13.65 | ₹5,933 | AED 50.15 |
| Jul 24Sun | $425.70 | +0.24% | $13.69 | ₹5,948 | AED 50.26 |
| Jul 25Mon | $423.40 | −0.54% | $13.61 | ₹5,909 | AED 49.99 |
| Jul 26Tue | $424.70 | +0.31% | $13.65 | ₹5,918 | AED 50.14 |
| Jul 27Wed | $427.30 | +0.61% | $13.74 | ₹5,951 | AED 50.43 |
| Jul 28Thu | $429.90 | +0.61% | $13.82 | ₹5,992 | AED 50.76 |
| Jul 29Fri | $429.90 | 0.00% | $13.82 | ₹5,992 | AED 50.76 |
| Jul 31Sun | $431.90 | +0.47% | $13.89 | ₹6,024 | AED 50.98 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% and a median of +1.8%. Every July since 1971 →
Gold in July 2005: FAQ
What was the price of gold in July 2005?
Gold traded between $419.60 and $431.90 per troy ounce (daily closes) in July 2005, averaging $424.38. It closed the month at $431.90.
How much did gold go up in July 2005?
Gold rose 1.0%, from $427.80 to $431.90. The biggest daily rise was +0.9% on July 20, 2005 and the biggest fall −1.1% on July 4, 2005.
What was the gold price on July 1, 2005?
Gold closed at $427.80 per troy ounce on July 1, 2005, the first trading day of the month. 24K India, ₹ per 10 g: ₹5,983.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% 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 July 2005?
Gold rose 0.7% in Indian rupee terms in July 2005, compared with +1.0% in US dollars.
Did gold beat stocks in July 2005?
No. Gold was +1.0% for the month, against +3.7% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2005?
US consumer prices (CPI) changed +0.46% in July, so gold's real (inflation-adjusted) change was about +0.5%.
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{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2005}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2005/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}