Distance from the record
This close sat 9.07% 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 18 April 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 4 April 2008
Gold closed at $912.20 per troy ounce on 18 April 2008, down $27.60 (2.94%) from the previous close of $939.80.
Gold lost 2.94% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 9.07% 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 $689.10, making this a +32.38% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $912.20 per troy ounce on 18 April 2008. That is $27.60 lower than the previous close of $939.80, a move of -2.94%.
The gold price fell on 18 April 2008, losing $27.60 (2.94%) against the previous session's close of $939.80.
At $912.20 per troy ounce, one gram of pure gold was worth about $29.33 on 18 April 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 April 2008 18k gold was worth about $22.00 per gram and 14k about $17.11 per gram, against $29.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.2 on 18 April 2008, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A month before 18 April 2008, gold was around $1,003.20 per troy ounce, so the close of $912.20 is a loss of 9.1% over the month.
A year before 18 April 2008, gold was around $689.10 per troy ounce. The close of $912.20 therefore represents a rise of 32.4% over twelve months.
It closed 9.07% below the highest close on record up to that date, which was set on 2008-03-18.