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Lowest closing price since 1 January 2007
Gold closed at $661.00 per troy ounce on 1 May 2007, down $2.000 (0.30%) from the previous close of $663.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $642.50, making this a +2.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $661.00 per troy ounce on 1 May 2007. That is $2.00 lower than the previous close of $663.00, a move of -0.30%.
The gold price fell on 1 May 2007, losing $2.00 (0.30%) against the previous session's close of $663.00.
At $661.00 per troy ounce, one gram of pure gold was worth about $21.25 on 1 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2007 18k gold was worth about $15.94 per gram and 14k about $12.40 per gram, against $21.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.3 on 1 May 2007, meaning one ounce of gold was worth roughly 49.3 ounces of silver.
A week before 1 May 2007, gold was around $663.00 per troy ounce, so the close of $661.00 is a loss of 0.3% over the week.
A month before 1 May 2007, gold was around $663.00 per troy ounce, so the close of $661.00 is a loss of 0.3% over the month.
A year before 1 May 2007, gold was around $642.50 per troy ounce. The close of $661.00 therefore represents a rise of 2.9% over twelve months.