Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 8 October 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 27 September 2018
Gold closed at $1,184.40 per troy ounce on 8 October 2018, down $16.80 (1.40%) from the previous close of $1,201.20.
Notable session: lowest close of the month.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 37.29% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 247 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,271.60, making this a -6.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,184.40 per troy ounce on 8 October 2018. That is $16.80 lower than the previous close of $1,201.20, a move of -1.40%.
The gold price fell on 8 October 2018, losing $16.80 (1.40%) against the previous session's close of $1,201.20.
At $1,184.40 per troy ounce, one gram of pure gold was worth about $38.08 on 8 October 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 October 2018 18k gold was worth about $28.56 per gram and 14k about $22.21 per gram, against $38.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.1 on 8 October 2018, meaning one ounce of gold was worth roughly 83.1 ounces of silver.
A week before 8 October 2018, gold was around $1,212.30 per troy ounce, so the close of $1,184.40 is a loss of 2.3% over the week.
It closed 37.29% below the highest close on record up to that date, which was set on 2011-08-22.