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Highest closing price since 1 September 2008
Gold closed at $816.20 per troy ounce on 1 November 2008, up $99.40 (13.87%) from the previous close of $716.80.
Notable session: one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $782.20, making this a +4.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $816.20 per troy ounce on 1 November 2008. That is $99.40 higher than the previous close of $716.80, a move of 13.87%.
The gold price rose on 1 November 2008, gaining $99.40 (13.87%) against the previous session's close of $716.80.
At $816.20 per troy ounce, one gram of pure gold was worth about $26.24 on 1 November 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2008 18k gold was worth about $19.68 per gram and 14k about $15.31 per gram, against $26.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.1 on 1 November 2008, meaning one ounce of gold was worth roughly 80.1 ounces of silver.
A week before 1 November 2008, gold was around $716.80 per troy ounce, so the close of $816.20 is a gain of 13.9% over the week.
A month before 1 November 2008, gold was around $716.80 per troy ounce, so the close of $816.20 is a gain of 13.9% over the month.
A year before 1 November 2008, gold was around $782.20 per troy ounce. The close of $816.20 therefore represents a rise of 4.3% over twelve months.