Highest so far that year
At the time, no session earlier in the year had closed higher.
Loading…
This page is a historical record of the gold price in 12 February 2009, not the current price.See today's gold price (11 September 2026)
Highest closing price since 21 July 2008
Gold closed at $948.50 per troy ounce on 12 February 2009, up $4.700 (0.50%) from the previous close of $943.80.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 5.45% 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 $907.40, making this a +4.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $948.50 per troy ounce on 12 February 2009. That is $4.70 higher than the previous close of $943.80, a move of 0.50%.
The gold price rose on 12 February 2009, gaining $4.70 (0.50%) against the previous session's close of $943.80.
At $948.50 per troy ounce, one gram of pure gold was worth about $30.49 on 12 February 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 February 2009 18k gold was worth about $22.87 per gram and 14k about $17.79 per gram, against $30.49 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.2 on 12 February 2009, meaning one ounce of gold was worth roughly 70.2 ounces of silver.
A week before 12 February 2009, gold was around $913.60 per troy ounce, so the close of $948.50 is a gain of 3.8% over the week.
A month before 12 February 2009, gold was around $820.30 per troy ounce, so the close of $948.50 is a gain of 15.6% over the month.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 5.45% below the highest close on record up to that date, which was set on 2008-03-18.
The most recent higher close was about 7 months earlier — 143 trading sessions before this one.