Distance from the record
This close sat 16.63% below the highest gold close recorded up to that date, set on 2008-03-18.
Loading…
This page is a historical record of the gold price in 19 December 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $836.40 per troy ounce on 19 December 2008, down $23.20 (2.70%) from the previous close of $859.60.
Gold lost 2.70% 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 16.63% 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 $801.10, making this a +4.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $836.40 per troy ounce on 19 December 2008. That is $23.20 lower than the previous close of $859.60, a move of -2.70%.
The gold price fell on 19 December 2008, losing $23.20 (2.70%) against the previous session's close of $859.60.
At $836.40 per troy ounce, one gram of pure gold was worth about $26.89 on 19 December 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 December 2008 18k gold was worth about $20.17 per gram and 14k about $15.69 per gram, against $26.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.3 on 19 December 2008, meaning one ounce of gold was worth roughly 77.3 ounces of silver.
A week before 19 December 2008, gold was around $818.90 per troy ounce, so the close of $836.40 is a gain of 2.1% over the week.
A month before 19 December 2008, gold was around $735.90 per troy ounce, so the close of $836.40 is a gain of 13.7% over the month.
It closed 16.63% below the highest close on record up to that date, which was set on 2008-03-18.