Gold Price in July 2008
In July 2008, gold fell 1.3%, from $926.20 at the end of June to $913.90 per troy ounce on July 31, 2008. The highest close was $977.70 on July 15, 2008, the lowest $902.90 on July 30, 2008, and the average over 22 trading days was $939.93. Today's price is 352.2% higher than the July 2008 close.
Gold price chart, July 2008
US dollars per troy ounce · daily closeDaily Gold Prices, July 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 |
|---|---|---|---|---|---|
| Jul 1Tue | $942.50 | +1.76% | $30.30 | ₹12,985 | AED 111.24 |
| Jul 2Wed | $944.80 | +0.24% | $30.38 | ₹13,096 | AED 111.51 |
| Jul 3Thu | $931.90 | −1.37% | $29.96 | ₹12,942 | AED 109.96 |
| Jul 7Mon | $927.30 | −0.49% | $29.81 | ₹12,865 | AED 109.44 |
| Jul 8Tue | $921.90 | −0.58% | $29.64 | ₹12,832 | AED 108.82 |
| Jul 9Wed | $927.30 | +0.59% | $29.81 | ₹12,842 | AED 109.44 |
| Jul 10Thu | $940.90 | +1.47% | $30.25 | ₹13,036 | AED 111.05 |
| Jul 11Fri | $959.50 | +1.98% | $30.85 | ₹13,213 | AED 113.25 |
| Jul 14Mon | $972.70 | +1.38% | $31.27 | ₹13,346 | AED 114.84 |
| Jul 15Tue | $977.70 | +0.51% | $31.43 | ₹13,551 | AED 115.36 |
| Jul 16Wed | $961.80 | −1.63% | $30.92 | ₹13,325 | AED 113.50 |
| Jul 17Thu | $970.00 | +0.85% | $31.19 | ₹13,326 | AED 114.47 |
| Jul 18Fri | $957.30 | −1.31% | $30.78 | ₹13,147 | AED 113.01 |
| Jul 21Mon | $963.10 | +0.61% | $30.96 | ₹13,207 | AED 113.67 |
| Jul 22Tue | $948.00 | −1.57% | $30.48 | ₹13,000 | AED 111.89 |
| Jul 23Wed | $922.40 | −2.70% | $29.66 | ₹12,455 | AED 108.87 |
| Jul 24Thu | $922.00 | −0.04% | $29.64 | ₹12,449 | AED 108.82 |
| Jul 25Fri | $926.60 | +0.50% | $29.79 | ₹12,595 | AED 109.36 |
| Jul 28Mon | $927.60 | +0.11% | $29.82 | ₹12,583 | AED 109.50 |
| Jul 29Tue | $916.40 | −1.21% | $29.46 | ₹12,526 | AED 108.19 |
| Jul 30Wed | $902.90 | −1.47% | $29.03 | ₹12,311 | AED 106.57 |
| Jul 31Thu | $913.90 | +1.22% | $29.38 | ₹12,468 | AED 107.86 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%.
Gold in July 2008: FAQ
What was the price of gold in July 2008?
Gold traded between $902.90 and $977.70 per troy ounce (daily closes) in July 2008, averaging $939.93. It closed the month at $913.90.
How much did gold go down in July 2008?
Gold fell 1.3%, from $926.20 to $913.90. The biggest daily rise was +2.0% on July 11, 2008 and the biggest fall −2.7% on July 23, 2008.
What was the gold price on July 1, 2008?
Gold closed at $942.50 per troy ounce on July 1, 2008, the first trading day of the month. 24K India, ₹ per 10 g: ₹12,985.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Past seasonal patterns are not a reliable guide to any single year.