Distance from the record
This close sat 11.60% 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 24 April 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 April 2008
Gold closed at $886.80 per troy ounce on 24 April 2008, down $19.40 (2.14%) from the previous close of $906.20.
Gold lost 2.14% 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.
This close sat 11.60% 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 $684.20, making this a +29.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $886.80 per troy ounce on 24 April 2008. That is $19.40 lower than the previous close of $906.20, a move of -2.14%.
The gold price fell on 24 April 2008, losing $19.40 (2.14%) against the previous session's close of $906.20.
At $886.80 per troy ounce, one gram of pure gold was worth about $28.51 on 24 April 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 April 2008 18k gold was worth about $21.38 per gram and 14k about $16.63 per gram, against $28.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.3 on 24 April 2008, meaning one ounce of gold was worth roughly 53.3 ounces of silver.
A week before 24 April 2008, gold was around $939.80 per troy ounce, so the close of $886.80 is a loss of 5.6% over the week.
A year before 24 April 2008, gold was around $684.20 per troy ounce. The close of $886.80 therefore represents a rise of 29.6% over twelve months.
It closed 11.60% below the highest close on record up to that date, which was set on 2008-03-18.