Distance from the record
This close sat 12.86% 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 29 April 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 April 2008
Gold closed at $874.20 per troy ounce on 29 April 2008, down $18.70 (2.09%) from the previous close of $892.90.
Gold lost 2.09% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 12.86% 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 $678.70, making this a +28.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $874.20 per troy ounce on 29 April 2008. That is $18.70 lower than the previous close of $892.90, a move of -2.09%.
The gold price fell on 29 April 2008, losing $18.70 (2.09%) against the previous session's close of $892.90.
At $874.20 per troy ounce, one gram of pure gold was worth about $28.11 on 29 April 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 April 2008 18k gold was worth about $21.08 per gram and 14k about $16.40 per gram, against $28.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.9 on 29 April 2008, meaning one ounce of gold was worth roughly 52.9 ounces of silver.
A week before 29 April 2008, gold was around $922.30 per troy ounce, so the close of $874.20 is a loss of 5.2% over the week.
A month before 29 April 2008, gold was around $930.60 per troy ounce, so the close of $874.20 is a loss of 6.1% over the month.
A year before 29 April 2008, gold was around $678.70 per troy ounce. The close of $874.20 therefore represents a rise of 28.8% over twelve months.
It closed 12.86% below the highest close on record up to that date, which was set on 2008-03-18.