Distance from the record
This close sat 26.64% 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 19 November 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $735.90 per troy ounce on 19 November 2008, up $3.300 (0.45%) from the previous close of $732.60.
This close sat 26.64% 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 $776.80, making this a -5.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $735.90 per troy ounce on 19 November 2008. That is $3.30 higher than the previous close of $732.60, a move of 0.45%.
The gold price rose on 19 November 2008, gaining $3.30 (0.45%) against the previous session's close of $732.60.
At $735.90 per troy ounce, one gram of pure gold was worth about $23.66 on 19 November 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 November 2008 18k gold was worth about $17.74 per gram and 14k about $13.80 per gram, against $23.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.0 on 19 November 2008, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
A week before 19 November 2008, gold was around $717.70 per troy ounce, so the close of $735.90 is a gain of 2.5% over the week.
A month before 19 November 2008, gold was around $785.10 per troy ounce, so the close of $735.90 is a loss of 6.3% over the month.
It closed 26.64% below the highest close on record up to that date, which was set on 2008-03-18.