Gold Price in December 2008
In December 2008, gold rose 8.3%, from $816.20 at the end of November to $883.60 per troy ounce on December 31, 2008. The highest close was $883.60 on December 31, 2008, the lowest $750.50 on December 5, 2008, and the average over 22 trading days was $822.67. Today's price is 367.6% higher than the December 2008 close.
Gold price chart, December 2008
US dollars per troy ounce · daily closeDaily Gold Prices, December 2008
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Dec 1Mon | $774.60 | −5.10% | $24.90 | ₹12,499 | AED 91.42 |
| Dec 2Tue | $781.30 | +0.86% | $25.12 | ₹12,583 | AED 92.24 |
| Dec 3Wed | $768.80 | −1.60% | $24.72 | ₹12,321 | AED 90.76 |
| Dec 4Thu | $763.80 | −0.65% | $24.56 | ₹12,174 | AED 90.17 |
| Dec 5Fri | $750.50 | −1.74% | $24.13 | ₹11,959 | AED 88.60 |
| Dec 8Mon | $767.40 | +2.25% | $24.67 | ₹12,193 | AED 90.57 |
| Dec 9Tue | $772.40 | +0.65% | $24.83 | ₹12,141 | AED 91.16 |
| Dec 10Wed | $807.10 | +4.49% | $25.95 | ₹12,708 | AED 95.29 |
| Dec 11Thu | $824.90 | +2.21% | $26.52 | ₹12,834 | AED 97.39 |
| Dec 12Fri | $818.90 | −0.73% | $26.33 | ₹12,699 | AED 96.68 |
| Dec 15Mon | $835.40 | +2.01% | $26.86 | ₹12,754 | AED 98.63 |
| Dec 16Tue | $841.70 | +0.75% | $27.06 | ₹12,927 | AED 99.34 |
| Dec 17Wed | $867.50 | +3.07% | $27.89 | ₹13,268 | AED 102.39 |
| Dec 18Thu | $859.60 | −0.91% | $27.64 | ₹12,892 | AED 101.43 |
| Dec 19Fri | $836.40 | −2.70% | $26.89 | ₹12,649 | AED 98.69 |
| Dec 22Mon | $846.20 | +1.17% | $27.21 | ₹13,041 | AED 99.87 |
| Dec 23Tue | $837.20 | −1.06% | $26.92 | ₹13,090 | AED 98.81 |
| Dec 24Wed | $847.10 | +1.18% | $27.23 | ₹13,092 | AED 99.98 |
| Dec 26Fri | $870.40 | +2.75% | $27.98 | ₹13,623 | AED 102.76 |
| Dec 29Mon | $874.60 | +0.48% | $28.12 | ₹13,502 | AED 103.25 |
| Dec 30Tue | $869.30 | −0.61% | $27.95 | ₹13,541 | AED 102.61 |
| Dec 31Wed | $883.60 | +1.65% | $28.41 | ₹13,654 | AED 104.29 |
How December usually goes for gold
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%.
Gold in December 2008: FAQ
What was the price of gold in December 2008?
Gold traded between $750.50 and $883.60 per troy ounce (daily closes) in December 2008, averaging $822.67. It closed the month at $883.60.
How much did gold go up in December 2008?
Gold rose 8.3%, from $816.20 to $883.60. The biggest daily rise was +4.5% on December 10, 2008 and the biggest fall −5.1% on December 1, 2008.
What was the gold price on December 1, 2008?
Gold closed at $774.60 per troy ounce on December 1, 2008, the first trading day of the month. 24K India, ₹ per 10 g: ₹12,499.
Is December usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.