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Highest closing price since 1 February 2008
Gold closed at $927.30 per troy ounce on 1 January 2009, up $43.70 (4.95%) from the previous close of $883.60.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $922.70, making this a +0.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $927.30 per troy ounce on 1 January 2009. That is $43.70 higher than the previous close of $883.60, a move of 4.95%.
The gold price rose on 1 January 2009, gaining $43.70 (4.95%) against the previous session's close of $883.60.
At $927.30 per troy ounce, one gram of pure gold was worth about $29.81 on 1 January 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2009 18k gold was worth about $22.36 per gram and 14k about $17.39 per gram, against $29.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.8 on 1 January 2009, meaning one ounce of gold was worth roughly 73.8 ounces of silver.
A week before 1 January 2009, gold was around $883.60 per troy ounce, so the close of $927.30 is a gain of 4.9% over the week.
A month before 1 January 2009, gold was around $883.60 per troy ounce, so the close of $927.30 is a gain of 4.9% over the month.
A year before 1 January 2009, gold was around $922.70 per troy ounce. The close of $927.30 therefore represents a rise of 0.5% over twelve months.