Distance from the record
This close sat 2.77% below the highest gold close recorded up to that date, set on 2009-10-13.
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This page is a historical record of the gold price in 27 October 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 5 October 2009
Gold closed at $1,034.70 per troy ounce on 27 October 2009, down $7.400 (0.71%) from the previous close of $1,042.10.
This close extended a run of 4 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 2.77% below the highest gold close recorded up to that date, set on 2009-10-13.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $741.70, making this a +39.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,034.70 per troy ounce on 27 October 2009. That is $7.40 lower than the previous close of $1,042.10, a move of -0.71%.
The gold price fell on 27 October 2009, losing $7.40 (0.71%) against the previous session's close of $1,042.10.
At $1,034.70 per troy ounce, one gram of pure gold was worth about $33.27 on 27 October 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2009 18k gold was worth about $24.95 per gram and 14k about $19.41 per gram, against $33.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.6 on 27 October 2009, meaning one ounce of gold was worth roughly 62.6 ounces of silver.
A week before 27 October 2009, gold was around $1,057.80 per troy ounce, so the close of $1,034.70 is a loss of 2.2% over the week.
A year before 27 October 2009, gold was around $741.70 per troy ounce. The close of $1,034.70 therefore represents a rise of 39.5% over twelve months.
This close was session 4 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 2.77% below the highest close on record up to that date, which was set on 2009-10-13.