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 14 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $668.50 per troy ounce on 14 May 2007, down $2.100 (0.31%) from the previous close of $670.60.
This was the strongest close of the week up to that point.
This close sat 7.13% 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 $710.30, making this a -5.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $668.50 per troy ounce on 14 May 2007. That is $2.10 lower than the previous close of $670.60, a move of -0.31%.
The gold price fell on 14 May 2007, losing $2.10 (0.31%) against the previous session's close of $670.60.
At $668.50 per troy ounce, one gram of pure gold was worth about $21.49 on 14 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 May 2007 18k gold was worth about $16.12 per gram and 14k about $12.54 per gram, against $21.49 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.9 on 14 May 2007, meaning one ounce of gold was worth roughly 50.9 ounces of silver.
A week before 14 May 2007, gold was around $688.00 per troy ounce, so the close of $668.50 is a loss of 2.8% over the week.
It closed 7.13% below the highest close on record up to that date, which was set on 2006-05-11.