Distance from the record
This close sat 8.46% 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 23 August 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $658.90 per troy ounce on 23 August 2007, down $0.200 (0.03%) from the previous close of $659.10.
Gold barely moved, closing within 0.03% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 8.46% 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 $623.70, making this a +5.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $658.90 per troy ounce on 23 August 2007. That is $0.20 lower than the previous close of $659.10, a move of -0.03%.
The gold price fell on 23 August 2007, losing $0.20 (0.03%) against the previous session's close of $659.10.
At $658.90 per troy ounce, one gram of pure gold was worth about $21.18 on 23 August 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 August 2007 18k gold was worth about $15.89 per gram and 14k about $12.36 per gram, against $21.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.7 on 23 August 2007, meaning one ounce of gold was worth roughly 56.7 ounces of silver.
It closed 8.46% below the highest close on record up to that date, which was set on 2006-05-11.