Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 November 2007, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 November 2007
Gold closed at $805.80 per troy ounce on 12 November 2007, down $26.70 (3.21%) from the previous close of $832.50.
Notable session: moved more than 3% in a session.
Gold lost 3.21% 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 was the strongest close of the week up to that point.
This close sat 3.52% below the highest gold close recorded up to that date, set on 2007-11-08.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $628.40, making this a +28.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $805.80 per troy ounce on 12 November 2007. That is $26.70 lower than the previous close of $832.50, a move of -3.21%.
The gold price fell on 12 November 2007, losing $26.70 (3.21%) against the previous session's close of $832.50.
At $805.80 per troy ounce, one gram of pure gold was worth about $25.91 on 12 November 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 November 2007 18k gold was worth about $19.43 per gram and 14k about $15.11 per gram, against $25.91 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.7 on 12 November 2007, meaning one ounce of gold was worth roughly 54.7 ounces of silver.
A month before 12 November 2007, gold was around $748.70 per troy ounce, so the close of $805.80 is a gain of 7.6% over the month.
A year before 12 November 2007, gold was around $628.40 per troy ounce. The close of $805.80 therefore represents a rise of 28.2% over twelve months.
It closed 3.52% below the highest close on record up to that date, which was set on 2007-11-08.