Distance from the record
This close sat 18.37% below the highest gold close recorded up to that date, set on 2008-03-18.
Loading…
This page is a historical record of the gold price in 12 December 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $818.90 per troy ounce on 12 December 2008, down $6.000 (0.73%) from the previous close of $824.90.
This close sat 18.37% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $813.50, making this a +0.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $818.90 per troy ounce on 12 December 2008. That is $6.00 lower than the previous close of $824.90, a move of -0.73%.
The gold price fell on 12 December 2008, losing $6.00 (0.73%) against the previous session's close of $824.90.
At $818.90 per troy ounce, one gram of pure gold was worth about $26.33 on 12 December 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 December 2008 18k gold was worth about $19.75 per gram and 14k about $15.36 per gram, against $26.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.3 on 12 December 2008, meaning one ounce of gold was worth roughly 80.3 ounces of silver.
A week before 12 December 2008, gold was around $750.50 per troy ounce, so the close of $818.90 is a gain of 9.1% over the week.
A month before 12 December 2008, gold was around $717.70 per troy ounce, so the close of $818.90 is a gain of 14.1% over the month.
It closed 18.37% below the highest close on record up to that date, which was set on 2008-03-18.