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Lowest closing price since 1 September 2007
Gold closed at $782.20 per troy ounce on 1 November 2007, down $9.800 (1.24%) from the previous close of $792.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $646.90, making this a +20.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $782.20 per troy ounce on 1 November 2007. That is $9.80 lower than the previous close of $792.00, a move of -1.24%.
The gold price fell on 1 November 2007, losing $9.80 (1.24%) against the previous session's close of $792.00.
At $782.20 per troy ounce, one gram of pure gold was worth about $25.15 on 1 November 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2007 18k gold was worth about $18.86 per gram and 14k about $14.67 per gram, against $25.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.0 on 1 November 2007, meaning one ounce of gold was worth roughly 56.0 ounces of silver.
A week before 1 November 2007, gold was around $792.00 per troy ounce, so the close of $782.20 is a loss of 1.2% over the week.
A month before 1 November 2007, gold was around $792.00 per troy ounce, so the close of $782.20 is a loss of 1.2% over the month.
A year before 1 November 2007, gold was around $646.90 per troy ounce. The close of $782.20 therefore represents a rise of 20.9% over twelve months.