Distance from the record
This close sat 12.12% 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 3 June 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $881.60 per troy ounce on 3 June 2008, down $11.30 (1.27%) from the previous close of $892.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 12.12% 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 $648.10, making this a +36.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $881.60 per troy ounce on 3 June 2008. That is $11.30 lower than the previous close of $892.90, a move of -1.27%.
The gold price fell on 3 June 2008, losing $11.30 (1.27%) against the previous session's close of $892.90.
At $881.60 per troy ounce, one gram of pure gold was worth about $28.34 on 3 June 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 June 2008 18k gold was worth about $21.26 per gram and 14k about $16.53 per gram, against $28.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.5 on 3 June 2008, meaning one ounce of gold was worth roughly 52.5 ounces of silver.
A week before 3 June 2008, gold was around $907.70 per troy ounce, so the close of $881.60 is a loss of 2.9% over the week.
A year before 3 June 2008, gold was around $648.10 per troy ounce. The close of $881.60 therefore represents a rise of 36.0% over twelve months.
It closed 12.12% below the highest close on record up to that date, which was set on 2008-03-18.