Distance from the record
This close sat 3.99% below the highest gold close recorded up to that date, set on 2009-12-03.
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This page is a historical record of the gold price in 4 December 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 November 2009
Gold closed at $1,168.80 per troy ounce on 4 December 2009, down $48.60 (3.99%) from the previous close of $1,217.40.
Notable session: moved more than 3% in a session.
Gold lost 3.99% 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 3.99% below the highest gold close recorded up to that date, set on 2009-12-03.
One of the ten highest gold closes of that year, ranking 6 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $763.80, making this a +53.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,168.80 per troy ounce on 4 December 2009. That is $48.60 lower than the previous close of $1,217.40, a move of -3.99%.
The gold price fell on 4 December 2009, losing $48.60 (3.99%) against the previous session's close of $1,217.40.
At $1,168.80 per troy ounce, one gram of pure gold was worth about $37.58 on 4 December 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 December 2009 18k gold was worth about $28.18 per gram and 14k about $21.92 per gram, against $37.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.2 on 4 December 2009, meaning one ounce of gold was worth roughly 63.2 ounces of silver.
A month before 4 December 2009, gold was around $1,086.70 per troy ounce, so the close of $1,168.80 is a gain of 7.6% over the month.
A year before 4 December 2009, gold was around $763.80 per troy ounce. The close of $1,168.80 therefore represents a rise of 53.0% over twelve months.
It closed 3.99% below the highest close on record up to that date, which was set on 2009-12-03.