Distance from the record
This close sat 18.42% 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 25 November 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $818.40 per troy ounce on 25 November 2008, down $1.000 (0.12%) from the previous close of $819.40.
Gold barely moved, closing within 0.12% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 18.42% 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 $824.00, making this a -0.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $818.40 per troy ounce on 25 November 2008. That is $1.00 lower than the previous close of $819.40, a move of -0.12%.
The gold price fell on 25 November 2008, losing $1.00 (0.12%) against the previous session's close of $819.40.
At $818.40 per troy ounce, one gram of pure gold was worth about $26.31 on 25 November 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 November 2008 18k gold was worth about $19.73 per gram and 14k about $15.35 per gram, against $26.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.7 on 25 November 2008, meaning one ounce of gold was worth roughly 79.7 ounces of silver.
A week before 25 November 2008, gold was around $732.60 per troy ounce, so the close of $818.40 is a gain of 11.7% over the week.
A month before 25 November 2008, gold was around $729.10 per troy ounce, so the close of $818.40 is a gain of 12.2% over the month.
It closed 18.42% below the highest close on record up to that date, which was set on 2008-03-18.