Distance from the record
This close sat 19.23% 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 20 August 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $810.30 per troy ounce on 20 August 2008, down $0.800 (0.10%) from the previous close of $811.10.
Gold barely moved, closing within 0.10% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 19.23% 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 $656.70, making this a +23.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $810.30 per troy ounce on 20 August 2008. That is $0.80 lower than the previous close of $811.10, a move of -0.10%.
The gold price fell on 20 August 2008, losing $0.80 (0.10%) against the previous session's close of $811.10.
At $810.30 per troy ounce, one gram of pure gold was worth about $26.05 on 20 August 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2008 18k gold was worth about $19.54 per gram and 14k about $15.20 per gram, against $26.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.2 on 20 August 2008, meaning one ounce of gold was worth roughly 62.2 ounces of silver.
A month before 20 August 2008, gold was around $957.30 per troy ounce, so the close of $810.30 is a loss of 15.4% over the month.
A year before 20 August 2008, gold was around $656.70 per troy ounce. The close of $810.30 therefore represents a rise of 23.4% over twelve months.
It closed 19.23% below the highest close on record up to that date, which was set on 2008-03-18.