Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 2 July 2007, not the current price.See today's gold price (11 September 2026)
Highest closing price since 19 June 2007
Gold closed at $656.50 per troy ounce on 2 July 2007, up $8.400 (1.30%) from the previous close of $648.10.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 8.79% 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 $613.50, making this a +7.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $656.50 per troy ounce on 2 July 2007. That is $8.40 higher than the previous close of $648.10, a move of 1.30%.
The gold price rose on 2 July 2007, gaining $8.40 (1.30%) against the previous session's close of $648.10.
At $656.50 per troy ounce, one gram of pure gold was worth about $21.11 on 2 July 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 July 2007 18k gold was worth about $15.83 per gram and 14k about $12.31 per gram, against $21.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.0 on 2 July 2007, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.79% below the highest close on record up to that date, which was set on 2006-05-11.