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This page is a historical record of the gold price in 31 January 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $922.70 per troy ounce on 31 January 2008, up $2.100 (0.23%) from the previous close of $920.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $652.00, making this a +41.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $922.70 per troy ounce on 31 January 2008. That is $2.10 higher than the previous close of $920.60, a move of 0.23%.
The gold price rose on 31 January 2008, gaining $2.10 (0.23%) against the previous session's close of $920.60.
At $922.70 per troy ounce, one gram of pure gold was worth about $29.67 on 31 January 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 January 2008 18k gold was worth about $22.25 per gram and 14k about $17.30 per gram, against $29.67 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.4 on 31 January 2008, meaning one ounce of gold was worth roughly 54.4 ounces of silver.
A month before 31 January 2008, gold was around $834.90 per troy ounce, so the close of $922.70 is a gain of 10.5% over the month.
A year before 31 January 2008, gold was around $652.00 per troy ounce. The close of $922.70 therefore represents a rise of 41.5% over twelve months.
It closed 0.47% below the highest close on record up to that date, which was set on 2008-01-28.