Distance from the record
This close sat 11.38% 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 September 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $889.00 per troy ounce on 24 September 2008, up $3.500 (0.40%) from the previous close of $885.50.
This close sat 11.38% 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 $732.10, making this a +21.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $889.00 per troy ounce on 24 September 2008. That is $3.50 higher than the previous close of $885.50, a move of 0.40%.
The gold price rose on 24 September 2008, gaining $3.50 (0.40%) against the previous session's close of $885.50.
At $889.00 per troy ounce, one gram of pure gold was worth about $28.58 on 24 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 September 2008 18k gold was worth about $21.44 per gram and 14k about $16.67 per gram, against $28.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 24 September 2008, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 24 September 2008, gold was around $846.60 per troy ounce, so the close of $889.00 is a gain of 5.0% over the week.
A month before 24 September 2008, gold was around $827.40 per troy ounce, so the close of $889.00 is a gain of 7.4% over the month.
A year before 24 September 2008, gold was around $732.10 per troy ounce. The close of $889.00 therefore represents a rise of 21.4% over twelve months.
It closed 11.38% below the highest close on record up to that date, which was set on 2008-03-18.