Distance from the record
This close sat 4.99% 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 27 February 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $683.90 per troy ounce on 27 February 2007, down $2.600 (0.38%) from the previous close of $686.50.
This close sat 4.99% 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 $554.70, making this a +23.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $683.90 per troy ounce on 27 February 2007. That is $2.60 lower than the previous close of $686.50, a move of -0.38%.
The gold price fell on 27 February 2007, losing $2.60 (0.38%) against the previous session's close of $686.50.
At $683.90 per troy ounce, one gram of pure gold was worth about $21.99 on 27 February 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 February 2007 18k gold was worth about $16.49 per gram and 14k about $12.83 per gram, against $21.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 47.0 on 27 February 2007, meaning one ounce of gold was worth roughly 47.0 ounces of silver.
A week before 27 February 2007, gold was around $657.10 per troy ounce, so the close of $683.90 is a gain of 4.1% over the week.
A month before 27 February 2007, gold was around $644.50 per troy ounce, so the close of $683.90 is a gain of 6.1% over the month.
A year before 27 February 2007, gold was around $554.70 per troy ounce. The close of $683.90 therefore represents a rise of 23.3% over twelve months.
It closed 4.99% below the highest close on record up to that date, which was set on 2006-05-11.