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 27 August 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $666.80 per troy ounce on 27 August 2007, down $1.200 (0.18%) from the previous close of $668.00.
This was the strongest close of the week up to that point.
This close sat 7.36% 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 $622.00, making this a +7.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $666.80 per troy ounce on 27 August 2007. That is $1.20 lower than the previous close of $668.00, a move of -0.18%.
The gold price fell on 27 August 2007, losing $1.20 (0.18%) against the previous session's close of $668.00.
At $666.80 per troy ounce, one gram of pure gold was worth about $21.44 on 27 August 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 August 2007 18k gold was worth about $16.08 per gram and 14k about $12.51 per gram, against $21.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.7 on 27 August 2007, meaning one ounce of gold was worth roughly 56.7 ounces of silver.
It closed 7.36% below the highest close on record up to that date, which was set on 2006-05-11.