Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 4 August 2008, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 25 June 2008
Gold closed at $900.10 per troy ounce on 4 August 2008, down $13.80 (1.51%) from the previous close of $913.90.
Notable session: highest close of the month.
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.
No earlier session that month closed above this level.
This close sat 10.28% 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 $672.50, making this a +33.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $900.10 per troy ounce on 4 August 2008. That is $13.80 lower than the previous close of $913.90, a move of -1.51%.
The gold price fell on 4 August 2008, losing $13.80 (1.51%) against the previous session's close of $913.90.
At $900.10 per troy ounce, one gram of pure gold was worth about $28.94 on 4 August 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 August 2008 18k gold was worth about $21.70 per gram and 14k about $16.88 per gram, against $28.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.6 on 4 August 2008, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
A week before 4 August 2008, gold was around $927.60 per troy ounce, so the close of $900.10 is a loss of 3.0% over the week.
A year before 4 August 2008, gold was around $672.50 per troy ounce. The close of $900.10 therefore represents a rise of 33.8% over twelve months.
It closed 10.28% below the highest close on record up to that date, which was set on 2008-03-18.