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Gold's highest closing price on record
Gold closed at $652.00 per troy ounce on 1 January 2007, up $16.80 (2.64%) from the previous close of $635.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $517.10, making this a +26.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $652.00 per troy ounce on 1 January 2007. That is $16.80 higher than the previous close of $635.20, a move of 2.64%.
The gold price rose on 1 January 2007, gaining $16.80 (2.64%) against the previous session's close of $635.20.
At $652.00 per troy ounce, one gram of pure gold was worth about $20.96 on 1 January 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2007 18k gold was worth about $15.72 per gram and 14k about $12.23 per gram, against $20.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.2 on 1 January 2007, meaning one ounce of gold was worth roughly 48.2 ounces of silver.
A week before 1 January 2007, gold was around $635.20 per troy ounce, so the close of $652.00 is a gain of 2.6% over the week.
A month before 1 January 2007, gold was around $635.20 per troy ounce, so the close of $652.00 is a gain of 2.6% over the month.
A year before 1 January 2007, gold was around $517.10 per troy ounce. The close of $652.00 therefore represents a rise of 26.1% over twelve months.