Distance from the record
This close sat 7.67% below the highest gold close recorded up to that date, set on 2006-05-11.
Loading…
This page is a historical record of the gold price in 2 August 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $664.60 per troy ounce on 2 August 2007, down $8.400 (1.25%) from the previous close of $673.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 7.67% 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 $651.60, making this a +2.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $664.60 per troy ounce on 2 August 2007. That is $8.40 lower than the previous close of $673.00, a move of -1.25%.
The gold price fell on 2 August 2007, losing $8.40 (1.25%) against the previous session's close of $673.00.
At $664.60 per troy ounce, one gram of pure gold was worth about $21.37 on 2 August 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 August 2007 18k gold was worth about $16.03 per gram and 14k about $12.46 per gram, against $21.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.4 on 2 August 2007, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
It closed 7.67% below the highest close on record up to that date, which was set on 2006-05-11.