Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 9 May 2008, not the current price.See today's gold price (11 September 2026)
Gold closed at $884.50 per troy ounce on 9 May 2008, up $3.900 (0.44%) from the previous close of $880.60.
This was the strongest close of the week up to that point.
This close sat 11.83% 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 $680.30, making this a +30.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $884.50 per troy ounce on 9 May 2008. That is $3.90 higher than the previous close of $880.60, a move of 0.44%.
The gold price rose on 9 May 2008, gaining $3.90 (0.44%) against the previous session's close of $880.60.
At $884.50 per troy ounce, one gram of pure gold was worth about $28.44 on 9 May 2008. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 May 2008 18k gold was worth about $21.33 per gram and 14k about $16.59 per gram, against $28.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.5 on 9 May 2008, meaning one ounce of gold was worth roughly 52.5 ounces of silver.
A week before 9 May 2008, gold was around $856.10 per troy ounce, so the close of $884.50 is a gain of 3.3% over the week.
A month before 9 May 2008, gold was around $933.60 per troy ounce, so the close of $884.50 is a loss of 5.3% over the month.
A year before 9 May 2008, gold was around $680.30 per troy ounce. The close of $884.50 therefore represents a rise of 30.0% over twelve months.
It closed 11.83% below the highest close on record up to that date, which was set on 2008-03-18.