Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 2 October 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $729.80 per troy ounce on 2 October 2007, down $13.00 (1.75%) from the previous close of $742.80.
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 1.75% below the highest gold close recorded up to that date, set on 2007-09-28.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $597.70, making this a +22.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $729.80 per troy ounce on 2 October 2007. That is $13.00 lower than the previous close of $742.80, a move of -1.75%.
The gold price fell on 2 October 2007, losing $13.00 (1.75%) against the previous session's close of $742.80.
At $729.80 per troy ounce, one gram of pure gold was worth about $23.46 on 2 October 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2007 18k gold was worth about $17.60 per gram and 14k about $13.69 per gram, against $23.46 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.8 on 2 October 2007, meaning one ounce of gold was worth roughly 54.8 ounces of silver.
A month before 2 October 2007, gold was around $673.00 per troy ounce, so the close of $729.80 is a gain of 8.4% over the month.
A year before 2 October 2007, gold was around $597.70 per troy ounce. The close of $729.80 therefore represents a rise of 22.1% over twelve months.
It closed 1.75% below the highest close on record up to that date, which was set on 2007-09-28.