Gold price in September 2008: daily prices, high, low and change
Gold closed September 2008 at $874.20 an ounce, up 5.41% on the month. The highest close was $903.90 on 22 Sep and the lowest $741.30 on 11 Sep. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, September 2008 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2008 close ($829.30).
Daily gold prices in September 2008 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 2 Sep | $829.90 | $840.70 | $790.80 | $805.00 | −$24.30 | −2.93% |
| Wed 3 Sep | $805.60 | $805.60 | $791.60 | $802.70 | −$2.30 | −0.29% |
| Thu 4 Sep | $801.40 | $809.10 | $794.90 | $797.90 | −$4.80 | −0.60% |
| Fri 5 Sep | $794.70 | $809.00 | $794.00 | $797.60 | −$0.30 | −0.04% |
| Mon 8 Sep | $811.00 | $813.20 | $796.40 | $797.50 | −$0.10 | −0.01% |
| Tue 9 Sep | $802.00 | $802.00 | $780.00 | $787.10 | −$10.40 | −1.30% |
| Wed 10 Sep worst day | $776.60 | $781.00 | $752.80 | $757.90 | −$29.20 | −3.71% |
| Thu 11 Sep | $756.60 | $756.60 | $739.00 | $741.30 | −$16.60 | −2.19% |
| Fri 12 Sep | — | — | — | $760.30 | +$19.00 | +2.56% |
| Mon 15 Sep | — | — | — | $783.10 | +$22.80 | +3.00% |
| Tue 16 Sep | — | — | — | $776.50 | −$6.60 | −0.84% |
| Wed 17 Sep best day | — | — | — | $846.60 | +$70.10 | +9.03% |
| Thu 18 Sep | $869.90 | $910.90 | $836.00 | $892.70 | +$46.10 | +5.45% |
| Fri 19 Sep | — | — | — | $860.60 | −$32.10 | −3.60% |
| Mon 22 Sep | $888.80 | $908.10 | $888.80 | $903.90 | +$43.30 | +5.03% |
| Tue 23 Sep | — | — | — | $885.50 | −$18.40 | −2.04% |
| Wed 24 Sep | $879.50 | $891.30 | $879.50 | $889.00 | +$3.50 | +0.40% |
| Thu 25 Sep | — | — | — | $877.70 | −$11.30 | −1.27% |
| Fri 26 Sep | — | — | — | $882.90 | +$5.20 | +0.59% |
| Mon 29 Sep | $871.30 | $919.00 | $866.40 | $888.20 | +$5.30 | +0.60% |
| Tue 30 Sep | $904.80 | $912.50 | $855.00 | $874.20 | −$14.00 | −1.58% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 8 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| September 2008 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $805.00 | $903.90 | $741.30 | $874.20 | +5.41% |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2008 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in September 2008: summary
Gold rose 5.41% in September 2008, settling the month at $874.20 an ounce against $829.30 at the end of August 2008. Settlement prices ranged from $741.30 on 11 September 2008 to $903.90 on 22 September 2008, a spread of $162.60 (19.6%), wider than the 8.7% average of the previous 12 months. Gold closed higher on 8 of 21 trading days and lower on 13; the strongest session was 17 September 2008 (+9.03%) and the weakest 10 September 2008 (−3.71%).
The +9.03% move on 17 September 2008 was the largest one-day gain of 2008, and the largest in the daily record, which starts in August 2000.
How September 2008 compares
- Against other Septembers: at +5.41%, September 2008 ranks 6th of 27 Septembers since 2000 (best first).
- Against every month: it ranks 58th of 313 months since September 2000, better than 82% of them.
- Range: the gap between the highest and lowest close was $162.60, or 19.6% of the opening level, 2.2× the 8.7% average of the previous 12 months.
- Daily moves: the average day moved 2.24% (up or down), against 1.06% over the previous 12 months, so September 2008 was more volatile than usual.
- Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 8 days.
- Bigger picture: at the month-end close gold was +4.71% for 2008 to the end of September and +17.69% over 12 months (against the September 2007 close of $742.80).
- Average price: the mean of the 21 daily closes was $828.96; the World Bank's monthly average of the London (LBMA) price was $830.00.
Across the other 26 completed Septembers since 2000, gold averaged +0.23% and rose in 12 of them (46%). September 2008 beat that average by 5.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.
September 2008 in today's dollars
Adjusted for US consumer-price inflation, the $874.20 closing price equals about $1,343 in September 2026 dollars (CPI 218.9 in September 2008 against 336.3 in September 2026, FRED series CPIAUCSL), 54% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2008
The gold price in 2008 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in September 2008?
Gold closed September 2008 at $874.20 an ounce (COMEX settlement). It opened the month at $805.00 and averaged $828.96 across 21 trading days; the World Bank’s London average for the month was $830.00.
Did gold go up in September 2008?
Yes. Gold was up 5.41% in September 2008, from $829.30 at the end of August 2008 to $874.20. It closed higher on 8 of 21 days. Among Septembers since 2000 it ranks 6th of 27 (best first).
What was the highest gold price in September 2008?
The highest close was $903.90 on 22 September 2008.
What was the lowest gold price in September 2008?
The lowest close was $741.30 on 11 September 2008, $162.60 (19.6%) below the month’s highest close.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.