Distance from the record
This close sat 4.58% 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 7 August 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $957.30 per troy ounce on 7 August 2009, down $3.400 (0.35%) from the previous close of $960.70.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 4.58% 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 $870.70, making this a +9.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $957.30 per troy ounce on 7 August 2009. That is $3.40 lower than the previous close of $960.70, a move of -0.35%.
The gold price fell on 7 August 2009, losing $3.40 (0.35%) against the previous session's close of $960.70.
At $957.30 per troy ounce, one gram of pure gold was worth about $30.78 on 7 August 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 August 2009 18k gold was worth about $23.08 per gram and 14k about $17.95 per gram, against $30.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.3 on 7 August 2009, meaning one ounce of gold was worth roughly 65.3 ounces of silver.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.58% below the highest close on record up to that date, which was set on 2008-03-18.