Distance from the record
This close sat 12.86% 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 September 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 19 September 2008
Gold closed at $874.20 per troy ounce on 30 September 2008, down $14.00 (1.58%) from the previous close of $888.20.
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 12.86% 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 $742.80, making this a +17.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $874.20 per troy ounce on 30 September 2008. That is $14.00 lower than the previous close of $888.20, a move of -1.58%.
The gold price fell on 30 September 2008, losing $14.00 (1.58%) against the previous session's close of $888.20.
At $874.20 per troy ounce, one gram of pure gold was worth about $28.11 on 30 September 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 September 2008 18k gold was worth about $21.08 per gram and 14k about $16.40 per gram, against $28.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.5 on 30 September 2008, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A month before 30 September 2008, gold was around $829.30 per troy ounce, so the close of $874.20 is a gain of 5.4% over the month.
A year before 30 September 2008, gold was around $742.80 per troy ounce. The close of $874.20 therefore represents a rise of 17.7% over twelve months.
It closed 12.86% below the highest close on record up to that date, which was set on 2008-03-18.