Distance from the record
This close sat 6.13% below the highest gold close recorded up to that date, set on 2009-12-03.
This page is a historical record of the gold price in 8 December 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 19 November 2009
Gold closed at $1,142.80 per troy ounce on 8 December 2009, down $20.60 (1.77%) from the previous close of $1,163.40.
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 6.13% below the highest gold close recorded up to that date, set on 2009-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $767.40, making this a +48.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,142.80 per troy ounce on 8 December 2009. That is $20.60 lower than the previous close of $1,163.40, a move of -1.77%.
The gold price fell on 8 December 2009, losing $20.60 (1.77%) against the previous session's close of $1,163.40.
At $1,142.80 per troy ounce, one gram of pure gold was worth about $36.74 on 8 December 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 December 2009 18k gold was worth about $27.56 per gram and 14k about $21.43 per gram, against $36.74 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.3 on 8 December 2009, meaning one ounce of gold was worth roughly 64.3 ounces of silver.
A week before 8 December 2009, gold was around $1,181.10 per troy ounce, so the close of $1,142.80 is a loss of 3.2% over the week.
A year before 8 December 2009, gold was around $767.40 per troy ounce. The close of $1,142.80 therefore represents a rise of 48.9% over twelve months.
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 6.13% below the highest close on record up to that date, which was set on 2009-12-03.