Distance from the record
This close sat 26.52% 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 October 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $737.20 per troy ounce on 30 October 2008, down $15.60 (2.07%) from the previous close of $752.80.
Gold lost 2.07% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 26.52% 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 $784.30, making this a -6.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $737.20 per troy ounce on 30 October 2008. That is $15.60 lower than the previous close of $752.80, a move of -2.07%.
The gold price fell on 30 October 2008, losing $15.60 (2.07%) against the previous session's close of $752.80.
At $737.20 per troy ounce, one gram of pure gold was worth about $23.70 on 30 October 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 October 2008 18k gold was worth about $17.78 per gram and 14k about $13.83 per gram, against $23.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.3 on 30 October 2008, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A week before 30 October 2008, gold was around $713.30 per troy ounce, so the close of $737.20 is a gain of 3.4% over the week.
A month before 30 October 2008, gold was around $874.20 per troy ounce, so the close of $737.20 is a loss of 15.7% over the month.
It closed 26.52% below the highest close on record up to that date, which was set on 2008-03-18.