Gold price archive · USD per troy ounce
Gold Price 2007
In 2007, gold closed between $604.90 and $839.60 per ounce, a change of +31.44% for the year.
- Open
- $635.20
- High close
- $839.60
- Low close
- $604.90
- Close
- $834.90
- Average
- $697.01
- Vs. 2006
- +31.44%
Gold prices by month, 2007
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $635.20 | $652.00 | $604.90 | $652.00 | +2.64% |
| February | $657.40 | $686.50 | $646.20 | $669.40 | +2.67% |
| March | $662.30 | $666.50 | $636.70 | $663.00 | −0.96% |
| April | $665.70 | $692.00 | $664.00 | $680.50 | +2.64% |
| May | $674.40 | $688.00 | $653.00 | $661.00 | −2.87% |
| June | $671.20 | $671.20 | $641.70 | $648.10 | −1.95% |
| July | $656.50 | $684.20 | $648.40 | $666.90 | +2.90% |
| August | $663.60 | $674.50 | $648.30 | $673.00 | +0.91% |
| September | $682.50 | $742.80 | $681.70 | $742.80 | +10.37% |
| October | $747.20 | $792.00 | $729.30 | $792.00 | +6.62% |
| November | $790.70 | $835.20 | $776.80 | $782.20 | −1.24% |
| December | $788.30 | $839.60 | $788.30 | $834.90 | +6.74% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2007: the year in review
Trouble in the U.S. subprime mortgage market surfaced in the summer of 2007. The Federal Reserve began cutting rates in September, and gold ended the year at its highest levels since the 1980 peak.
In 2007, gold rose 31.4%, the best result of the 7 calendar years since 2001. Its highest close, $839.60, came on December 28, and its lowest, $604.90, on January 5.
Gold finished higher in 8 of 12 months. The strongest month was September (+10.37%) and the weakest was May (−2.87%). The largest single-day gain of the year was 3.5% on February 21, and the largest drop was 3.3% on November 15.
Gold closed at a new all-time high on 19 trading days in 2007. Every record-setting year since 2000 is listed on the gold all-time high page.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price 2007 questions
What was the price of gold in 2007?
Gold traded between $604.90 and $839.60 per troy ounce in 2007, based on daily closing prices. It closed the period at $834.90, and the average close was $697.01.
Did gold go up or down in 2007?
Gold rose 31.44% from the previous year-end close.
How does 2007 compare with a year earlier?
The year-end close of $834.90 is 31.4% higher than 2006.