Distance from the record
This close sat 13.35% 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 30 December 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $869.30 per troy ounce on 30 December 2008, down $5.300 (0.61%) from the previous close of $874.60.
This close sat 13.35% 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 $839.60, making this a +3.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $869.30 per troy ounce on 30 December 2008. That is $5.30 lower than the previous close of $874.60, a move of -0.61%.
The gold price fell on 30 December 2008, losing $5.30 (0.61%) against the previous session's close of $874.60.
At $869.30 per troy ounce, one gram of pure gold was worth about $27.95 on 30 December 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 December 2008 18k gold was worth about $20.96 per gram and 14k about $16.30 per gram, against $27.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.4 on 30 December 2008, meaning one ounce of gold was worth roughly 79.4 ounces of silver.
A week before 30 December 2008, gold was around $837.20 per troy ounce, so the close of $869.30 is a gain of 3.8% over the week.
A month before 30 December 2008, gold was around $816.20 per troy ounce, so the close of $869.30 is a gain of 6.5% over the month.
It closed 13.35% below the highest close on record up to that date, which was set on 2008-03-18.