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Highest closing price since 1 March 2008
Gold closed at $913.90 per troy ounce on 1 July 2008, up $26.60 (3.00%) from the previous close of $887.30.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $648.10, making this a +41.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $913.90 per troy ounce on 1 July 2008. That is $26.60 higher than the previous close of $887.30, a move of 3.00%.
The gold price rose on 1 July 2008, gaining $26.60 (3.00%) against the previous session's close of $887.30.
At $913.90 per troy ounce, one gram of pure gold was worth about $29.38 on 1 July 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 July 2008 18k gold was worth about $22.04 per gram and 14k about $17.14 per gram, against $29.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.5 on 1 July 2008, meaning one ounce of gold was worth roughly 51.5 ounces of silver.
A week before 1 July 2008, gold was around $887.30 per troy ounce, so the close of $913.90 is a gain of 3.0% over the week.
A month before 1 July 2008, gold was around $887.30 per troy ounce, so the close of $913.90 is a gain of 3.0% over the month.
A year before 1 July 2008, gold was around $648.10 per troy ounce. The close of $913.90 therefore represents a rise of 41.0% over twelve months.