Distance from the record
This close sat 12.88% 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 18 January 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $627.10 per troy ounce on 18 January 2007, down $5.000 (0.79%) from the previous close of $632.10.
This close sat 12.88% below the highest gold close recorded up to that date, set on 2006-05-11.
One of the ten lowest gold closes of that year, ranking 243 of 252 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $543.70, making this a +15.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $627.10 per troy ounce on 18 January 2007. That is $5.00 lower than the previous close of $632.10, a move of -0.79%.
The gold price fell on 18 January 2007, losing $5.00 (0.79%) against the previous session's close of $632.10.
At $627.10 per troy ounce, one gram of pure gold was worth about $20.16 on 18 January 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 January 2007 18k gold was worth about $15.12 per gram and 14k about $11.76 per gram, against $20.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.7 on 18 January 2007, meaning one ounce of gold was worth roughly 49.7 ounces of silver.
A week before 18 January 2007, gold was around $612.40 per troy ounce, so the close of $627.10 is a gain of 2.4% over the week.
A year before 18 January 2007, gold was around $543.70 per troy ounce. The close of $627.10 therefore represents a rise of 15.3% over twelve months.
It closed 12.88% below the highest close on record up to that date, which was set on 2006-05-11.