Distance from the record
This close sat 24.21% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 12 September 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $760.30 per troy ounce on 12 September 2008, up $19.00 (2.56%) from the previous close of $741.30.
This was a 2.56% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 24.21% 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 $711.90, making this a +6.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $760.30 per troy ounce on 12 September 2008. That is $19.00 higher than the previous close of $741.30, a move of 2.56%.
The gold price rose on 12 September 2008, gaining $19.00 (2.56%) against the previous session's close of $741.30.
At $760.30 per troy ounce, one gram of pure gold was worth about $24.44 on 12 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 September 2008 18k gold was worth about $18.33 per gram and 14k about $14.26 per gram, against $24.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.8 on 12 September 2008, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 12 September 2008, gold was around $797.60 per troy ounce, so the close of $760.30 is a loss of 4.7% over the week.
A month before 12 September 2008, gold was around $808.20 per troy ounce, so the close of $760.30 is a loss of 5.9% over the month.
It closed 24.21% below the highest close on record up to that date, which was set on 2008-03-18.