Gold Price in 2008
In 2008, the LBMA gold price fell 5.8% — from $923 at the start of the year to $870 by year-end. It reached a high of $972 in February and a low of $731 in October, averaging $880 for the year.
2008 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $923 | $972 (February) | $731 (October) | $870 | $880 |
| GBP | £465 | £600 (December) | £441 (April) | £600 | £481 |
| EUR | €622 | €640 (November) | €560 (April) | €614 | €598 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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