Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 17 June 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $884.30 per troy ounce on 17 June 2008, up $0.700 (0.08%) from the previous close of $883.60.
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.
This was the strongest close of the week up to that point.
This close sat 11.85% 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 $654.50, making this a +35.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $884.30 per troy ounce on 17 June 2008. That is $0.70 higher than the previous close of $883.60, a move of 0.08%.
The gold price rose on 17 June 2008, gaining $0.70 (0.08%) against the previous session's close of $883.60.
At $884.30 per troy ounce, one gram of pure gold was worth about $28.43 on 17 June 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 June 2008 18k gold was worth about $21.32 per gram and 14k about $16.58 per gram, against $28.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 17 June 2008, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A year before 17 June 2008, gold was around $654.50 per troy ounce. The close of $884.30 therefore represents a rise of 35.1% 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 11.85% below the highest close on record up to that date, which was set on 2008-03-18.