Distance from the record
This close sat 10.00% below the highest gold close recorded up to that date, set on 2008-03-18.
Loading…
This page is a historical record of the gold price in 30 July 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 25 June 2008
Gold closed at $902.90 per troy ounce on 30 July 2008, down $13.50 (1.47%) from the previous close of $916.40.
Notable session: lowest close of the month.
This close sat 10.00% 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 $664.10, making this a +35.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $902.90 per troy ounce on 30 July 2008. That is $13.50 lower than the previous close of $916.40, a move of -1.47%.
The gold price fell on 30 July 2008, losing $13.50 (1.47%) against the previous session's close of $916.40.
At $902.90 per troy ounce, one gram of pure gold was worth about $29.03 on 30 July 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 July 2008 18k gold was worth about $21.77 per gram and 14k about $16.93 per gram, against $29.03 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 30 July 2008, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A week before 30 July 2008, gold was around $922.40 per troy ounce, so the close of $902.90 is a loss of 2.1% over the week.
A year before 30 July 2008, gold was around $664.10 per troy ounce. The close of $902.90 therefore represents a rise of 36.0% over twelve months.
It closed 10.00% below the highest close on record up to that date, which was set on 2008-03-18.