Distance from the record
This close sat 9.91% 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 12 June 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $648.50 per troy ounce on 12 June 2007, down $5.800 (0.89%) from the previous close of $654.30.
This close sat 9.91% 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 $606.80, making this a +6.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $648.50 per troy ounce on 12 June 2007. That is $5.80 lower than the previous close of $654.30, a move of -0.89%.
The gold price fell on 12 June 2007, losing $5.80 (0.89%) against the previous session's close of $654.30.
At $648.50 per troy ounce, one gram of pure gold was worth about $20.85 on 12 June 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2007 18k gold was worth about $15.64 per gram and 14k about $12.16 per gram, against $20.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.7 on 12 June 2007, meaning one ounce of gold was worth roughly 49.7 ounces of silver.
A week before 12 June 2007, gold was around $669.60 per troy ounce, so the close of $648.50 is a loss of 3.2% over the week.
It closed 9.91% below the highest close on record up to that date, which was set on 2006-05-11.