Distance from the record
This close sat 8.43% 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 22 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $659.10 per troy ounce on 22 May 2007, down $3.800 (0.57%) from the previous close of $662.90.
This close sat 8.43% 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 $657.00, making this a +0.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $659.10 per troy ounce on 22 May 2007. That is $3.80 lower than the previous close of $662.90, a move of -0.57%.
The gold price fell on 22 May 2007, losing $3.80 (0.57%) against the previous session's close of $662.90.
At $659.10 per troy ounce, one gram of pure gold was worth about $21.19 on 22 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 May 2007 18k gold was worth about $15.89 per gram and 14k about $12.36 per gram, against $21.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.0 on 22 May 2007, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A week before 22 May 2007, gold was around $673.00 per troy ounce, so the close of $659.10 is a loss of 2.1% over the week.
It closed 8.43% below the highest close on record up to that date, which was set on 2006-05-11.