Distance from the record
This close sat 8.85% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 8 May 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $914.40 per troy ounce on 8 May 2009, down $0.600 (0.07%) from the previous close of $915.00.
Gold barely moved, closing within 0.07% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 8.85% 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 $880.60, making this a +3.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $914.40 per troy ounce on 8 May 2009. That is $0.60 lower than the previous close of $915.00, a move of -0.07%.
The gold price fell on 8 May 2009, losing $0.60 (0.07%) against the previous session's close of $915.00.
At $914.40 per troy ounce, one gram of pure gold was worth about $29.40 on 8 May 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 May 2009 18k gold was worth about $22.05 per gram and 14k about $17.15 per gram, against $29.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.6 on 8 May 2009, meaning one ounce of gold was worth roughly 65.6 ounces of silver.
A week before 8 May 2009, gold was around $890.70 per troy ounce, so the close of $914.40 is a gain of 2.7% over the week.
It closed 8.85% below the highest close on record up to that date, which was set on 2008-03-18.