Gold after Lehman collapses (15 Sep 2008)
After Lehman collapses on 15 Sep 2008, gold was 2.7% lower three months on and 18.8% higher twelve months on, measured from the Aug 2008 monthly average of $839 a troy ounce.
- Gold before
- $839
- Aug 2008
- Gold +3 months
- -2.7%
- Gold +12 months
- +18.8%
- Silver +12 months
- +12.3%
In context
Lehman Brothers filed for bankruptcy; the global financial crisis went acute.
Over the same months silver was 29.5% lower three months on and 12.3% higher twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 11th for gold twelve months on.
The market or central-bank moment before it on the chart: GLD launches (18 Nov 2004).
The one after: China doubles reported gold reserves (24 Apr 2009).
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: federalreservehistory.org.
Updated Oct 2026 · record through Oct 2026