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Highest closing price since 1 July 2008
Gold closed at $883.60 per troy ounce on 1 December 2008, up $67.40 (8.26%) from the previous close of $816.20.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $834.90, making this a +5.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $883.60 per troy ounce on 1 December 2008. That is $67.40 higher than the previous close of $816.20, a move of 8.26%.
The gold price rose on 1 December 2008, gaining $67.40 (8.26%) against the previous session's close of $816.20.
At $883.60 per troy ounce, one gram of pure gold was worth about $28.41 on 1 December 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2008 18k gold was worth about $21.31 per gram and 14k about $16.57 per gram, against $28.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.4 on 1 December 2008, meaning one ounce of gold was worth roughly 78.4 ounces of silver.
A week before 1 December 2008, gold was around $816.20 per troy ounce, so the close of $883.60 is a gain of 8.3% over the week.
A month before 1 December 2008, gold was around $816.20 per troy ounce, so the close of $883.60 is a gain of 8.3% over the month.
A year before 1 December 2008, gold was around $834.90 per troy ounce. The close of $883.60 therefore represents a rise of 5.8% over twelve months.