Distance from the record
This close sat 9.39% below the highest gold close recorded up to that date, set on 2008-03-18.
Loading…
This page is a historical record of the gold price in 8 July 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 5 May 2009
Gold closed at $909.00 per troy ounce on 8 July 2009, down $19.80 (2.13%) from the previous close of $928.80.
Notable session: lowest close of the month.
Gold lost 2.13% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 9.39% 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 $921.90, making this a -1.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $909.00 per troy ounce on 8 July 2009. That is $19.80 lower than the previous close of $928.80, a move of -2.13%.
The gold price fell on 8 July 2009, losing $19.80 (2.13%) against the previous session's close of $928.80.
At $909.00 per troy ounce, one gram of pure gold was worth about $29.23 on 8 July 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 July 2009 18k gold was worth about $21.92 per gram and 14k about $17.05 per gram, against $29.23 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.8 on 8 July 2009, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 8 July 2009, gold was around $953.70 per troy ounce, so the close of $909.00 is a loss of 4.7% over the week.
It closed 9.39% below the highest close on record up to that date, which was set on 2008-03-18.