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 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $672.30 per troy ounce on 2 May 2007, up $11.30 (1.71%) from the previous close of $661.00.
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.
No earlier session that month closed above this level.
This close sat 6.60% 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 $664.70, making this a +1.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $672.30 per troy ounce on 2 May 2007. That is $11.30 higher than the previous close of $661.00, a move of 1.71%.
The gold price rose on 2 May 2007, gaining $11.30 (1.71%) against the previous session's close of $661.00.
At $672.30 per troy ounce, one gram of pure gold was worth about $21.61 on 2 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2007 18k gold was worth about $16.21 per gram and 14k about $12.61 per gram, against $21.61 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.9 on 2 May 2007, meaning one ounce of gold was worth roughly 50.9 ounces of silver.
It closed 6.60% below the highest close on record up to that date, which was set on 2006-05-11.