Distance from the record
This close sat 10.16% 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 June 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $901.30 per troy ounce on 20 June 2008, down $0.400 (0.04%) from the previous close of $901.70.
Gold barely moved, closing within 0.04% 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 10.16% 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 $656.10, making this a +37.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $901.30 per troy ounce on 20 June 2008. That is $0.40 lower than the previous close of $901.70, a move of -0.04%.
The gold price fell on 20 June 2008, losing $0.40 (0.04%) against the previous session's close of $901.70.
At $901.30 per troy ounce, one gram of pure gold was worth about $28.98 on 20 June 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 June 2008 18k gold was worth about $21.73 per gram and 14k about $16.90 per gram, against $28.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 20 June 2008, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A week before 20 June 2008, gold was around $870.30 per troy ounce, so the close of $901.30 is a gain of 3.6% over the week.
A year before 20 June 2008, gold was around $656.10 per troy ounce. The close of $901.30 therefore represents a rise of 37.4% over twelve months.
It closed 10.16% below the highest close on record up to that date, which was set on 2008-03-18.