Distance from the record
This close sat 16.64% 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 14 October 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 3 October 2008
Gold closed at $836.30 per troy ounce on 14 October 2008, down $2.600 (0.31%) from the previous close of $838.90.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 16.64% 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 $748.70, making this a +11.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $836.30 per troy ounce on 14 October 2008. That is $2.60 lower than the previous close of $838.90, a move of -0.31%.
The gold price fell on 14 October 2008, losing $2.60 (0.31%) against the previous session's close of $838.90.
At $836.30 per troy ounce, one gram of pure gold was worth about $26.89 on 14 October 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 October 2008 18k gold was worth about $20.17 per gram and 14k about $15.68 per gram, against $26.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.9 on 14 October 2008, meaning one ounce of gold was worth roughly 75.9 ounces of silver.
A week before 14 October 2008, gold was around $878.40 per troy ounce, so the close of $836.30 is a loss of 4.8% over the week.
A month before 14 October 2008, gold was around $760.30 per troy ounce, so the close of $836.30 is a gain of 10.0% over the month.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 16.64% below the highest close on record up to that date, which was set on 2008-03-18.