Distance from the record
This close sat 11.55% 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 May 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $887.30 per troy ounce on 30 May 2008, up $10.10 (1.15%) from the previous close of $877.20.
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 11.55% 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 $653.10, making this a +35.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $887.30 per troy ounce on 30 May 2008. That is $10.10 higher than the previous close of $877.20, a move of 1.15%.
The gold price rose on 30 May 2008, gaining $10.10 (1.15%) against the previous session's close of $877.20.
At $887.30 per troy ounce, one gram of pure gold was worth about $28.53 on 30 May 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 May 2008 18k gold was worth about $21.40 per gram and 14k about $16.64 per gram, against $28.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.7 on 30 May 2008, meaning one ounce of gold was worth roughly 52.7 ounces of silver.
A week before 30 May 2008, gold was around $925.60 per troy ounce, so the close of $887.30 is a loss of 4.1% over the week.
A year before 30 May 2008, gold was around $653.10 per troy ounce. The close of $887.30 therefore represents a rise of 35.9% over twelve months.
It closed 11.55% below the highest close on record up to that date, which was set on 2008-03-18.