Distance from the record
This close sat 11.75% 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 2 January 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $635.20 per troy ounce on 2 January 2007, down $16.80 (2.58%) from the previous close of $652.00.
Gold lost 2.58% 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 close sat 11.75% 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 $517.10, making this a +22.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $635.20 per troy ounce on 2 January 2007. That is $16.80 lower than the previous close of $652.00, a move of -2.58%.
The gold price fell on 2 January 2007, losing $16.80 (2.58%) against the previous session's close of $652.00.
At $635.20 per troy ounce, one gram of pure gold was worth about $20.42 on 2 January 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 January 2007 18k gold was worth about $15.32 per gram and 14k about $11.91 per gram, against $20.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.6 on 2 January 2007, meaning one ounce of gold was worth roughly 49.6 ounces of silver.
A year before 2 January 2007, gold was around $517.10 per troy ounce. The close of $635.20 therefore represents a rise of 22.8% over twelve months.
It closed 11.75% below the highest close on record up to that date, which was set on 2006-05-11.