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This page is a historical record of the gold price in 12 October 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $748.70 per troy ounce on 12 October 2007, down $2.600 (0.35%) from the previous close of $751.30.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $576.30, making this a +29.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $748.70 per troy ounce on 12 October 2007. That is $2.60 lower than the previous close of $751.30, a move of -0.35%.
The gold price fell on 12 October 2007, losing $2.60 (0.35%) against the previous session's close of $751.30.
At $748.70 per troy ounce, one gram of pure gold was worth about $24.07 on 12 October 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 October 2007 18k gold was worth about $18.05 per gram and 14k about $14.04 per gram, against $24.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.2 on 12 October 2007, meaning one ounce of gold was worth roughly 54.2 ounces of silver.
A month before 12 October 2007, gold was around $711.90 per troy ounce, so the close of $748.70 is a gain of 5.2% over the month.
A year before 12 October 2007, gold was around $576.30 per troy ounce. The close of $748.70 therefore represents a rise of 29.9% over twelve months.
It closed 0.35% below the highest close on record up to that date, which was set on 2007-10-11.