Distance from the record
This close sat 35.83% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 9 August 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,211.90 per troy ounce on 9 August 2018, down $0.700 (0.06%) from the previous close of $1,212.60.
Gold barely moved, closing within 0.06% 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 35.83% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,273.00, making this a -4.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,211.90 per troy ounce on 9 August 2018. That is $0.70 lower than the previous close of $1,212.60, a move of -0.06%.
The gold price fell on 9 August 2018, losing $0.70 (0.06%) against the previous session's close of $1,212.60.
At $1,211.90 per troy ounce, one gram of pure gold was worth about $38.96 on 9 August 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 August 2018 18k gold was worth about $29.22 per gram and 14k about $22.73 per gram, against $38.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.6 on 9 August 2018, meaning one ounce of gold was worth roughly 78.6 ounces of silver.
It closed 35.83% below the highest close on record up to that date, which was set on 2011-08-22.