Distance from the record
This close sat 13.43% 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 13 May 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 May 2008
Gold closed at $868.50 per troy ounce on 13 May 2008, down $15.20 (1.72%) from the previous close of $883.70.
This close sat 13.43% 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 $670.60, making this a +29.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $868.50 per troy ounce on 13 May 2008. That is $15.20 lower than the previous close of $883.70, a move of -1.72%.
The gold price fell on 13 May 2008, losing $15.20 (1.72%) against the previous session's close of $883.70.
At $868.50 per troy ounce, one gram of pure gold was worth about $27.92 on 13 May 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 May 2008 18k gold was worth about $20.94 per gram and 14k about $16.29 per gram, against $27.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 13 May 2008, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A month before 13 May 2008, gold was around $923.60 per troy ounce, so the close of $868.50 is a loss of 6.0% over the month.
A year before 13 May 2008, gold was around $670.60 per troy ounce. The close of $868.50 therefore represents a rise of 29.5% over twelve months.
It closed 13.43% below the highest close on record up to that date, which was set on 2008-03-18.