Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 24 August 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $668.00 per troy ounce on 24 August 2007, up $9.100 (1.38%) from the previous close of $658.90.
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.
This was the strongest close of the week up to that point.
This close sat 7.20% 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 $619.50, making this a +7.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $668.00 per troy ounce on 24 August 2007. That is $9.10 higher than the previous close of $658.90, a move of 1.38%.
The gold price rose on 24 August 2007, gaining $9.10 (1.38%) against the previous session's close of $658.90.
At $668.00 per troy ounce, one gram of pure gold was worth about $21.48 on 24 August 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 August 2007 18k gold was worth about $16.11 per gram and 14k about $12.53 per gram, against $21.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.0 on 24 August 2007, meaning one ounce of gold was worth roughly 56.0 ounces of silver.
It closed 7.20% below the highest close on record up to that date, which was set on 2006-05-11.