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Highest closing price since 1 July 2008
Gold closed at $874.20 per troy ounce on 1 September 2008, up $44.90 (5.41%) from the previous close of $829.30.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $742.80, making this a +17.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $874.20 per troy ounce on 1 September 2008. That is $44.90 higher than the previous close of $829.30, a move of 5.41%.
The gold price rose on 1 September 2008, gaining $44.90 (5.41%) against the previous session's close of $829.30.
At $874.20 per troy ounce, one gram of pure gold was worth about $28.11 on 1 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2008 18k gold was worth about $21.08 per gram and 14k about $16.40 per gram, against $28.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.5 on 1 September 2008, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 1 September 2008, gold was around $829.30 per troy ounce, so the close of $874.20 is a gain of 5.4% over the week.
A month before 1 September 2008, gold was around $829.30 per troy ounce, so the close of $874.20 is a gain of 5.4% over the month.
A year before 1 September 2008, gold was around $742.80 per troy ounce. The close of $874.20 therefore represents a rise of 17.7% over twelve months.