Distance from the record
This close sat 7.60% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 10 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $665.10 per troy ounce on 10 May 2007, down $15.20 (2.23%) from the previous close of $680.30.
Gold lost 2.23% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 7.60% below the highest gold close recorded up to that date, set on 2006-05-11.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $703.70, making this a -5.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $665.10 per troy ounce on 10 May 2007. That is $15.20 lower than the previous close of $680.30, a move of -2.23%.
The gold price fell on 10 May 2007, losing $15.20 (2.23%) against the previous session's close of $680.30.
At $665.10 per troy ounce, one gram of pure gold was worth about $21.38 on 10 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 May 2007 18k gold was worth about $16.04 per gram and 14k about $12.47 per gram, against $21.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.0 on 10 May 2007, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A week before 10 May 2007, gold was around $681.80 per troy ounce, so the close of $665.10 is a loss of 2.4% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 7.60% below the highest close on record up to that date, which was set on 2006-05-11.