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 16 April 2008, not the current price.See today's gold price (11 September 2026)
Highest closing price since 27 March 2008
Gold closed at $945.10 per troy ounce on 16 April 2008, up $16.40 (1.77%) from the previous close of $928.70.
Notable session: highest close of the month.
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.
No earlier session that month closed above this level.
This close sat 5.79% 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 $690.10, making this a +36.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $945.10 per troy ounce on 16 April 2008. That is $16.40 higher than the previous close of $928.70, a move of 1.77%.
The gold price rose on 16 April 2008, gaining $16.40 (1.77%) against the previous session's close of $928.70.
At $945.10 per troy ounce, one gram of pure gold was worth about $30.39 on 16 April 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 April 2008 18k gold was worth about $22.79 per gram and 14k about $17.72 per gram, against $30.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.6 on 16 April 2008, meaning one ounce of gold was worth roughly 51.6 ounces of silver.
A month before 16 April 2008, gold was around $998.20 per troy ounce, so the close of $945.10 is a loss of 5.3% over the month.
A year before 16 April 2008, gold was around $690.10 per troy ounce. The close of $945.10 therefore represents a rise of 37.0% over twelve months.
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 5.79% below the highest close on record up to that date, which was set on 2008-03-18.