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 7 February 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $906.10 per troy ounce on 7 February 2008, up $5.400 (0.60%) from the previous close of $900.70.
No earlier session that month closed above this level.
This close sat 2.27% below the highest gold close recorded up to that date, set on 2008-01-28.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $652.30, making this a +38.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $906.10 per troy ounce on 7 February 2008. That is $5.40 higher than the previous close of $900.70, a move of 0.60%.
The gold price rose on 7 February 2008, gaining $5.40 (0.60%) against the previous session's close of $900.70.
At $906.10 per troy ounce, one gram of pure gold was worth about $29.13 on 7 February 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 February 2008 18k gold was worth about $21.85 per gram and 14k about $16.99 per gram, against $29.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.1 on 7 February 2008, meaning one ounce of gold was worth roughly 54.1 ounces of silver.
A month before 7 February 2008, gold was around $859.60 per troy ounce, so the close of $906.10 is a gain of 5.4% over the month.
A year before 7 February 2008, gold was around $652.30 per troy ounce. The close of $906.10 therefore represents a rise of 38.9% over twelve months.
It closed 2.27% below the highest close on record up to that date, which was set on 2008-01-28.