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 19 May 2008, not the current price.See today's gold price (11 September 2026)
Highest closing price since 23 April 2008
Gold closed at $905.00 per troy ounce on 19 May 2008, up $6.000 (0.67%) from the previous close of $899.00.
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 9.79% 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 $661.00, making this a +36.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $905.00 per troy ounce on 19 May 2008. That is $6.00 higher than the previous close of $899.00, a move of 0.67%.
The gold price rose on 19 May 2008, gaining $6.00 (0.67%) against the previous session's close of $899.00.
At $905.00 per troy ounce, one gram of pure gold was worth about $29.10 on 19 May 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 May 2008 18k gold was worth about $21.82 per gram and 14k about $16.97 per gram, against $29.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.3 on 19 May 2008, meaning one ounce of gold was worth roughly 53.3 ounces of silver.
A week before 19 May 2008, gold was around $883.70 per troy ounce, so the close of $905.00 is a gain of 2.4% over the week.
A year before 19 May 2008, gold was around $661.00 per troy ounce. The close of $905.00 therefore represents a rise of 36.9% 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 9.79% below the highest close on record up to that date, which was set on 2008-03-18.