Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 10 October 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $740.40 per troy ounce on 10 October 2007, up $3.000 (0.41%) from the previous close of $737.40.
This was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $571.90, making this a +29.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $740.40 per troy ounce on 10 October 2007. That is $3.00 higher than the previous close of $737.40, a move of 0.41%.
The gold price rose on 10 October 2007, gaining $3.00 (0.41%) against the previous session's close of $737.40.
At $740.40 per troy ounce, one gram of pure gold was worth about $23.80 on 10 October 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 October 2007 18k gold was worth about $17.85 per gram and 14k about $13.89 per gram, against $23.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.6 on 10 October 2007, meaning one ounce of gold was worth roughly 54.6 ounces of silver.
A month before 10 October 2007, gold was around $703.30 per troy ounce, so the close of $740.40 is a gain of 5.3% over the month.
A year before 10 October 2007, gold was around $571.90 per troy ounce. The close of $740.40 therefore represents a rise of 29.5% over twelve months.
It closed 0.32% below the highest close on record up to that date, which was set on 2007-09-28.