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 2 September 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 August 2008
Gold closed at $805.00 per troy ounce on 2 September 2008, down $24.30 (2.93%) from the previous close of $829.30.
Gold lost 2.93% 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.
No earlier session that month closed above this level.
This close sat 19.76% 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 $673.00, making this a +19.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $805.00 per troy ounce on 2 September 2008. That is $24.30 lower than the previous close of $829.30, a move of -2.93%.
The gold price fell on 2 September 2008, losing $24.30 (2.93%) against the previous session's close of $829.30.
At $805.00 per troy ounce, one gram of pure gold was worth about $25.88 on 2 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 September 2008 18k gold was worth about $19.41 per gram and 14k about $15.10 per gram, against $25.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.7 on 2 September 2008, meaning one ounce of gold was worth roughly 61.7 ounces of silver.
A week before 2 September 2008, gold was around $822.20 per troy ounce, so the close of $805.00 is a loss of 2.1% over the week.
A month before 2 September 2008, gold was around $913.90 per troy ounce, so the close of $805.00 is a loss of 11.9% over the month.
A year before 2 September 2008, gold was around $673.00 per troy ounce. The close of $805.00 therefore represents a rise of 19.6% over twelve months.
It closed 19.76% below the highest close on record up to that date, which was set on 2008-03-18.