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 8 February 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $918.40 per troy ounce on 8 February 2008, up $12.30 (1.36%) from the previous close of $906.10.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $658.00, making this a +39.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $918.40 per troy ounce on 8 February 2008. That is $12.30 higher than the previous close of $906.10, a move of 1.36%.
The gold price rose on 8 February 2008, gaining $12.30 (1.36%) against the previous session's close of $906.10.
At $918.40 per troy ounce, one gram of pure gold was worth about $29.53 on 8 February 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 February 2008 18k gold was worth about $22.15 per gram and 14k about $17.22 per gram, against $29.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.8 on 8 February 2008, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A year before 8 February 2008, gold was around $658.00 per troy ounce. The close of $918.40 therefore represents a rise of 39.6% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.94% below the highest close on record up to that date, which was set on 2008-01-28.