Distance from the record
This close sat 27.11% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 6 November 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $731.20 per troy ounce on 6 November 2008, down $10.10 (1.36%) from the previous close of $741.30.
This close sat 27.11% below the highest gold close recorded up to that date, set on 2008-03-18.
One of the ten lowest gold closes of that year, ranking 244 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $820.80, making this a -10.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $731.20 per troy ounce on 6 November 2008. That is $10.10 lower than the previous close of $741.30, a move of -1.36%.
The gold price fell on 6 November 2008, losing $10.10 (1.36%) against the previous session's close of $741.30.
At $731.20 per troy ounce, one gram of pure gold was worth about $23.51 on 6 November 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 November 2008 18k gold was worth about $17.63 per gram and 14k about $13.71 per gram, against $23.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.7 on 6 November 2008, meaning one ounce of gold was worth roughly 72.7 ounces of silver.
A month before 6 November 2008, gold was around $862.70 per troy ounce, so the close of $731.20 is a loss of 15.2% over the month.
It closed 27.11% below the highest close on record up to that date, which was set on 2008-03-18.