Distance from the record
This close sat 3.40% 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 February 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $969.10 per troy ounce on 24 February 2009, down $25.50 (2.56%) from the previous close of $994.60.
Gold lost 2.56% 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 3.40% 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 $944.70, making this a +2.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $969.10 per troy ounce on 24 February 2009. That is $25.50 lower than the previous close of $994.60, a move of -2.56%.
The gold price fell on 24 February 2009, losing $25.50 (2.56%) against the previous session's close of $994.60.
At $969.10 per troy ounce, one gram of pure gold was worth about $31.16 on 24 February 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 February 2009 18k gold was worth about $23.37 per gram and 14k about $18.18 per gram, against $31.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.3 on 24 February 2009, meaning one ounce of gold was worth roughly 69.3 ounces of silver.
A month before 24 February 2009, gold was around $895.30 per troy ounce, so the close of $969.10 is a gain of 8.2% over the month.
It closed 3.40% below the highest close on record up to that date, which was set on 2008-03-18.