Distance from the record
This close sat 2.12% below the highest gold close recorded up to that date, set on 2008-01-14.
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This page is a historical record of the gold price in 23 January 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $882.50 per troy ounce on 23 January 2008, down $7.100 (0.80%) from the previous close of $889.60.
This close sat 2.12% below the highest gold close recorded up to that date, set on 2008-01-14.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $645.20, making this a +36.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $882.50 per troy ounce on 23 January 2008. That is $7.10 lower than the previous close of $889.60, a move of -0.80%.
The gold price fell on 23 January 2008, losing $7.10 (0.80%) against the previous session's close of $889.60.
At $882.50 per troy ounce, one gram of pure gold was worth about $28.37 on 23 January 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 January 2008 18k gold was worth about $21.28 per gram and 14k about $16.55 per gram, against $28.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.5 on 23 January 2008, meaning one ounce of gold was worth roughly 55.5 ounces of silver.
A month before 23 January 2008, gold was around $811.60 per troy ounce, so the close of $882.50 is a gain of 8.7% over the month.
A year before 23 January 2008, gold was around $645.20 per troy ounce. The close of $882.50 therefore represents a rise of 36.8% over twelve months.
It closed 2.12% below the highest close on record up to that date, which was set on 2008-01-14.