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Gold Price in February 2008

In February 2008, gold rose 5.4%, from $922.70 at the end of January to $972.10 per troy ounce on February 29, 2008. The highest close was $972.10 on February 29, 2008, the lowest $885.90 on February 5, 2008, and the average over 20 trading days was $925.11. Today's price is 325.1% higher than the February 2008 close.

End of January
$922.70
Month-end close
$972.10
Feb 29
Change
+5.4%
High
$972.10
Feb 29
Low
$885.90
Feb 5
Average
$925.11
20 trading days

Gold price chart, February 2008

US dollars per troy ounce · daily close
$879$929$979Jan 31Feb 5Feb 11Feb 14Feb 20Feb 26Feb 29

Daily Gold Prices, February 2008

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Feb 1Fri$908.70−1.52% $29.22 ₹11,474AED 107.18
Feb 4Mon$904.90−0.42% $29.09 ₹11,425AED 106.80
Feb 5Tue$885.90−2.10% $28.48 ₹11,237AED 104.57
Feb 6Wed$900.70+1.67% $28.96 ₹11,449AED 106.31
Feb 7Thu$906.10+0.60% $29.13 ₹11,495AED 106.94
Feb 8Fri$918.40+1.36% $29.53 ₹11,674AED 108.39
Feb 11Mon$922.90+0.49% $29.67 ₹11,728AED 108.94
Feb 12Tue$907.40−1.68% $29.17 ₹11,545AED 107.11
Feb 13Wed$906.50−0.10% $29.14 ₹11,551AED 107.01
Feb 14Thu$907.40+0.10% $29.17 ₹11,546AED 107.13
Feb 15Fri$902.80−0.51% $29.03 ₹11,490AED 106.57
Feb 19Tue$926.60+2.64% $29.79 ₹11,823AED 109.38
Feb 20Wed$934.60+0.86% $30.05 ₹12,059AED 110.32
Feb 21Thu$946.10+1.23% $30.42 ₹12,141AED 111.68
Feb 22Fri$944.70−0.15% $30.37 ₹12,142AED 111.51
Feb 25Mon$937.60−0.75% $30.14 ₹12,032AED 110.68
Feb 26Tue$946.10+0.91% $30.42 ₹12,111AED 111.68
Feb 27Wed$958.20+1.28% $30.81 ₹12,227AED 113.11
Feb 28Thu$964.50+0.66% $31.01 ₹12,347AED 113.85
Feb 29Fri$972.10+0.79% $31.25 ₹12,473AED 114.75
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How February usually goes for gold

In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%.

Gold in February 2008: FAQ

What was the price of gold in February 2008?

Gold traded between $885.90 and $972.10 per troy ounce (daily closes) in February 2008, averaging $925.11. It closed the month at $972.10.

How much did gold go up in February 2008?

Gold rose 5.4%, from $922.70 to $972.10. The biggest daily rise was +2.6% on February 19, 2008 and the biggest fall −2.1% on February 5, 2008.

What was the gold price on February 1, 2008?

Gold closed at $908.70 per troy ounce on February 1, 2008, the first trading day of the month. 24K India, ₹ per 10 g: ₹11,474.

Is February usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.