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Gold Price in 2008

In 2008, gold rose 5.8%, closing the year at $883.60 per troy ounce, compared with $834.90 at the end of 2007. The highest close was $1,003.20 on March 18, 2008 and the lowest $704.90 on November 13, 2008; the average for the year was $870.98. Today's price is 369.1% above the 2008 close.

End of 2007
$834.90
Year-end close
$883.60
Dec 31
Change
+5.8%
High
$1,003.20
Mar 18
Low
$704.90
Nov 13
Average
$870.98

Gold price chart, 2008

USD per troy ounce · daily close
$681$854$1,027Jan 2Mar 4May 2Jul 2Sep 2Oct 30Dec 31

Monthly Gold Prices in 2008

Month-end close and range, US dollars per troy ounce.

MonthCloseHighLowChange
January$922.70$927.10$857.00+10.5%
February$972.10$972.10$885.90+5.4%
March$916.20$1,003.20$916.20−5.8%
April$862.80$945.10$862.80−5.8%
May$887.30$928.00$848.90+2.8%
June$926.20$929.30$867.90+4.4%
July$913.90$977.70$902.90−1.3%
August$829.30$909.00$786.00−9.3%
September$874.20$903.90$741.30+5.4%
October$716.80$903.10$713.30−18.0%
November$816.20$819.40$704.90+13.9%
December$883.60$883.60$750.50+8.3%

Gold in 2008: FAQ

What was the price of gold in 2008?

Gold traded between $704.90 and $1,003.20 per troy ounce in 2008 (daily closes), averaging $870.98. It closed the year at $883.60.

How much did gold go up in 2008?

Gold rose 5.8% in 2008, from $834.90 to $883.60 per ounce.

What was the highest gold price in 2008?

The highest daily close in 2008 was $1,003.20 per troy ounce on March 18, 2008.

What was the best month for gold in 2008?

November (+13.9%). The weakest was October (−18.0%).

Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).