Distance from the record
This close sat 3.22% 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 28 October 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 5 October 2009
Gold closed at $1,029.90 per troy ounce on 28 October 2009, down $4.800 (0.46%) from the previous close of $1,034.70.
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 3.22% 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 $739.30, making this a +39.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,029.90 per troy ounce on 28 October 2009. That is $4.80 lower than the previous close of $1,034.70, a move of -0.46%.
The gold price fell on 28 October 2009, losing $4.80 (0.46%) against the previous session's close of $1,034.70.
At $1,029.90 per troy ounce, one gram of pure gold was worth about $33.11 on 28 October 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 October 2009 18k gold was worth about $24.83 per gram and 14k about $19.32 per gram, against $33.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.5 on 28 October 2009, meaning one ounce of gold was worth roughly 63.5 ounces of silver.
A week before 28 October 2009, gold was around $1,063.70 per troy ounce, so the close of $1,029.90 is a loss of 3.2% over the week.
A year before 28 October 2009, gold was around $739.30 per troy ounce. The close of $1,029.90 therefore represents a rise of 39.3% over twelve months.
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 3.22% below the highest close on record up to that date, which was set on 2009-10-13.