Distance from the record
This close sat 6.15% 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 27 February 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 February 2009
Gold closed at $941.50 per troy ounce on 27 February 2009, down $0.300 (0.03%) from the previous close of $941.80.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 6.15% 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 $958.20, making this a -1.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $941.50 per troy ounce on 27 February 2009. That is $0.30 lower than the previous close of $941.80, a move of -0.03%.
The gold price fell on 27 February 2009, losing $0.30 (0.03%) against the previous session's close of $941.80.
At $941.50 per troy ounce, one gram of pure gold was worth about $30.27 on 27 February 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 February 2009 18k gold was worth about $22.70 per gram and 14k about $17.66 per gram, against $30.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.0 on 27 February 2009, meaning one ounce of gold was worth roughly 72.0 ounces of silver.
A week before 27 February 2009, gold was around $1,001.80 per troy ounce, so the close of $941.50 is a loss of 6.0% over the week.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 6.15% below the highest close on record up to that date, which was set on 2008-03-18.