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Gold's highest closing price on record
Gold closed at $669.40 per troy ounce on 1 February 2007, up $17.40 (2.67%) from the previous close of $652.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $561.60, making this a +19.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $669.40 per troy ounce on 1 February 2007. That is $17.40 higher than the previous close of $652.00, a move of 2.67%.
The gold price rose on 1 February 2007, gaining $17.40 (2.67%) against the previous session's close of $652.00.
At $669.40 per troy ounce, one gram of pure gold was worth about $21.52 on 1 February 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2007 18k gold was worth about $16.14 per gram and 14k about $12.55 per gram, against $21.52 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 47.5 on 1 February 2007, meaning one ounce of gold was worth roughly 47.5 ounces of silver.
A week before 1 February 2007, gold was around $652.00 per troy ounce, so the close of $669.40 is a gain of 2.7% over the week.
A month before 1 February 2007, gold was around $652.00 per troy ounce, so the close of $669.40 is a gain of 2.7% over the month.
A year before 1 February 2007, gold was around $561.60 per troy ounce. The close of $669.40 therefore represents a rise of 19.2% over twelve months.