Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 18 June 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $890.90 per troy ounce on 18 June 2008, up $6.600 (0.75%) from the previous close of $884.30.
This close extended a run of 4 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 11.19% 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 $655.80, making this a +35.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $890.90 per troy ounce on 18 June 2008. That is $6.60 higher than the previous close of $884.30, a move of 0.75%.
The gold price rose on 18 June 2008, gaining $6.60 (0.75%) against the previous session's close of $884.30.
At $890.90 per troy ounce, one gram of pure gold was worth about $28.64 on 18 June 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 June 2008 18k gold was worth about $21.48 per gram and 14k about $16.71 per gram, against $28.64 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.4 on 18 June 2008, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A year before 18 June 2008, gold was around $655.80 per troy ounce. The close of $890.90 therefore represents a rise of 35.8% over twelve months.
This close was session 4 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 11.19% below the highest close on record up to that date, which was set on 2008-03-18.