Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 15 July 2008, not the current price.See today's gold price (11 September 2026)
Highest closing price since 18 March 2008
Gold closed at $977.70 per troy ounce on 15 July 2008, up $5.000 (0.51%) from the previous close of $972.70.
Notable session: highest close of the month.
This close extended a run of 5 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.
No earlier session that month closed above this level.
This close sat 2.54% below the highest gold close recorded up to that date, set on 2008-03-18.
One of the ten highest gold closes of that year, ranking 8 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $665.80, making this a +46.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $977.70 per troy ounce on 15 July 2008. That is $5.00 higher than the previous close of $972.70, a move of 0.51%.
The gold price rose on 15 July 2008, gaining $5.00 (0.51%) against the previous session's close of $972.70.
At $977.70 per troy ounce, one gram of pure gold was worth about $31.43 on 15 July 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 July 2008 18k gold was worth about $23.58 per gram and 14k about $18.34 per gram, against $31.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.6 on 15 July 2008, meaning one ounce of gold was worth roughly 51.6 ounces of silver.
A week before 15 July 2008, gold was around $921.90 per troy ounce, so the close of $977.70 is a gain of 6.1% over the week.
A month before 15 July 2008, gold was around $870.30 per troy ounce, so the close of $977.70 is a gain of 12.3% over the month.
A year before 15 July 2008, gold was around $665.80 per troy ounce. The close of $977.70 therefore represents a rise of 46.8% over twelve months.
This close was session 5 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 2.54% below the highest close on record up to that date, which was set on 2008-03-18.
The most recent higher close was about 4 months earlier — 82 trading sessions before this one.