Distance from the record
This close sat 7.57% below the highest gold close recorded up to that date, set on 2008-03-18.
This page is a historical record of the gold price in 9 July 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $927.30 per troy ounce on 9 July 2008, up $5.400 (0.59%) from the previous close of $921.90.
This close sat 7.57% 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 $660.50, making this a +40.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $927.30 per troy ounce on 9 July 2008. That is $5.40 higher than the previous close of $921.90, a move of 0.59%.
The gold price rose on 9 July 2008, gaining $5.40 (0.59%) against the previous session's close of $921.90.
At $927.30 per troy ounce, one gram of pure gold was worth about $29.81 on 9 July 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 July 2008 18k gold was worth about $22.36 per gram and 14k about $17.39 per gram, against $29.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.2 on 9 July 2008, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A year before 9 July 2008, gold was around $660.50 per troy ounce. The close of $927.30 therefore represents a rise of 40.4% over twelve months.
It closed 7.57% below the highest close on record up to that date, which was set on 2008-03-18.