Distance from the record
This close sat 1.14% below the highest gold close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the gold price in 6 March 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $975.00 per troy ounce on 6 March 2008, down $11.20 (1.14%) from the previous close of $986.20.
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 1.14% below the highest gold close recorded up to that date, set on 2008-03-05.
One of the ten highest gold closes of that year, ranking 9 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $643.80, making this a +51.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $975.00 per troy ounce on 6 March 2008. That is $11.20 lower than the previous close of $986.20, a move of -1.14%.
The gold price fell on 6 March 2008, losing $11.20 (1.14%) against the previous session's close of $986.20.
At $975.00 per troy ounce, one gram of pure gold was worth about $31.35 on 6 March 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 March 2008 18k gold was worth about $23.51 per gram and 14k about $18.29 per gram, against $31.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.4 on 6 March 2008, meaning one ounce of gold was worth roughly 48.4 ounces of silver.
A month before 6 March 2008, gold was around $900.70 per troy ounce, so the close of $975.00 is a gain of 8.2% over the month.
A year before 6 March 2008, gold was around $643.80 per troy ounce. The close of $975.00 therefore represents a rise of 51.4% over twelve months.
It closed 1.14% below the highest close on record up to that date, which was set on 2008-03-05.