Distance from the record
This close sat 4.88% below the highest gold close recorded up to that date, set on 2010-06-18.
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This page is a historical record of the gold price in 8 July 2010, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,195.80 per troy ounce on 8 July 2010, down $2.800 (0.23%) from the previous close of $1,198.60.
This close sat 4.88% below the highest gold close recorded up to that date, set on 2010-06-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $909.00, making this a +31.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,195.80 per troy ounce on 8 July 2010. That is $2.80 lower than the previous close of $1,198.60, a move of -0.23%.
The gold price fell on 8 July 2010, losing $2.80 (0.23%) against the previous session's close of $1,198.60.
At $1,195.80 per troy ounce, one gram of pure gold was worth about $38.45 on 8 July 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 July 2010 18k gold was worth about $28.83 per gram and 14k about $22.43 per gram, against $38.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.0 on 8 July 2010, meaning one ounce of gold was worth roughly 67.0 ounces of silver.
A year before 8 July 2010, gold was around $909.00 per troy ounce. The close of $1,195.80 therefore represents a rise of 31.6% over twelve months.
It closed 4.88% below the highest close on record up to that date, which was set on 2010-06-18.