Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 27 December 2007, not the current price.See today's gold price (11 September 2026)
Highest closing price since 9 November 2007
Gold closed at $828.60 per troy ounce on 27 December 2007, up $2.600 (0.31%) from the previous close of $826.00.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
One of the ten highest gold closes of that year, ranking 6 of 252 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $627.20, making this a +32.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $828.60 per troy ounce on 27 December 2007. That is $2.60 higher than the previous close of $826.00, a move of 0.31%.
The gold price rose on 27 December 2007, gaining $2.60 (0.31%) against the previous session's close of $826.00.
At $828.60 per troy ounce, one gram of pure gold was worth about $26.64 on 27 December 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 December 2007 18k gold was worth about $19.98 per gram and 14k about $15.54 per gram, against $26.64 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.5 on 27 December 2007, meaning one ounce of gold was worth roughly 56.5 ounces of silver.
A week before 27 December 2007, gold was around $799.20 per troy ounce, so the close of $828.60 is a gain of 3.7% over the week.
A year before 27 December 2007, gold was around $627.20 per troy ounce. The close of $828.60 therefore represents a rise of 32.1% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.79% below the highest close on record up to that date, which was set on 2007-11-08.