Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 22 December 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $846.20 per troy ounce on 22 December 2008, up $9.800 (1.17%) from the previous close of $836.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 15.65% 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 $811.60, making this a +4.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $846.20 per troy ounce on 22 December 2008. That is $9.80 higher than the previous close of $836.40, a move of 1.17%.
The gold price rose on 22 December 2008, gaining $9.80 (1.17%) against the previous session's close of $836.40.
At $846.20 per troy ounce, one gram of pure gold was worth about $27.21 on 22 December 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 December 2008 18k gold was worth about $20.40 per gram and 14k about $15.87 per gram, against $27.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.1 on 22 December 2008, meaning one ounce of gold was worth roughly 78.1 ounces of silver.
A month before 22 December 2008, gold was around $791.70 per troy ounce, so the close of $846.20 is a gain of 6.9% over the month.
It closed 15.65% below the highest close on record up to that date, which was set on 2008-03-18.