Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 29 September 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $888.20 per troy ounce on 29 September 2008, up $5.300 (0.60%) from the previous close of $882.90.
This was the strongest close of the week up to that point.
This close sat 11.46% 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 $742.80, making this a +19.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $888.20 per troy ounce on 29 September 2008. That is $5.30 higher than the previous close of $882.90, a move of 0.60%.
The gold price rose on 29 September 2008, gaining $5.30 (0.60%) against the previous session's close of $882.90.
At $888.20 per troy ounce, one gram of pure gold was worth about $28.56 on 29 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 September 2008 18k gold was worth about $21.42 per gram and 14k about $16.66 per gram, against $28.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.4 on 29 September 2008, meaning one ounce of gold was worth roughly 68.4 ounces of silver.
A month before 29 September 2008, gold was around $829.30 per troy ounce, so the close of $888.20 is a gain of 7.1% over the month.
A year before 29 September 2008, gold was around $742.80 per troy ounce. The close of $888.20 therefore represents a rise of 19.6% over twelve months.
It closed 11.46% below the highest close on record up to that date, which was set on 2008-03-18.