Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 31 August 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $951.70 per troy ounce on 31 August 2009, down $5.300 (0.55%) from the previous close of $957.00.
This was the strongest close of the week up to that point.
This close sat 5.13% 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 $829.30, making this a +14.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $951.70 per troy ounce on 31 August 2009. That is $5.30 lower than the previous close of $957.00, a move of -0.55%.
The gold price fell on 31 August 2009, losing $5.30 (0.55%) against the previous session's close of $957.00.
At $951.70 per troy ounce, one gram of pure gold was worth about $30.60 on 31 August 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 August 2009 18k gold was worth about $22.95 per gram and 14k about $17.85 per gram, against $30.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.9 on 31 August 2009, meaning one ounce of gold was worth roughly 63.9 ounces of silver.
A year before 31 August 2009, gold was around $829.30 per troy ounce. The close of $951.70 therefore represents a rise of 14.8% over twelve months.
It closed 5.13% below the highest close on record up to that date, which was set on 2008-03-18.