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Lowest closing price since 1 January 2007
Gold closed at $663.00 per troy ounce on 1 March 2007, down $6.400 (0.96%) from the previous close of $669.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $581.80, making this a +13.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $663.00 per troy ounce on 1 March 2007. That is $6.40 lower than the previous close of $669.40, a move of -0.96%.
The gold price fell on 1 March 2007, losing $6.40 (0.96%) against the previous session's close of $669.40.
At $663.00 per troy ounce, one gram of pure gold was worth about $21.32 on 1 March 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 March 2007 18k gold was worth about $15.99 per gram and 14k about $12.43 per gram, against $21.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.5 on 1 March 2007, meaning one ounce of gold was worth roughly 49.5 ounces of silver.
A week before 1 March 2007, gold was around $669.40 per troy ounce, so the close of $663.00 is a loss of 1.0% over the week.
A month before 1 March 2007, gold was around $669.40 per troy ounce, so the close of $663.00 is a loss of 1.0% over the month.
A year before 1 March 2007, gold was around $581.80 per troy ounce. The close of $663.00 therefore represents a rise of 14.0% over twelve months.