Distance from the record
This close sat 10.85% 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 June 2007, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 14 March 2007
Gold closed at $641.70 per troy ounce on 27 June 2007, down $0.400 (0.06%) from the previous close of $642.10.
Notable session: lowest close of the month.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 10.85% 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 $581.60, making this a +10.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $641.70 per troy ounce on 27 June 2007. That is $0.40 lower than the previous close of $642.10, a move of -0.06%.
The gold price fell on 27 June 2007, losing $0.40 (0.06%) against the previous session's close of $642.10.
At $641.70 per troy ounce, one gram of pure gold was worth about $20.63 on 27 June 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 June 2007 18k gold was worth about $15.47 per gram and 14k about $12.03 per gram, against $20.63 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.6 on 27 June 2007, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
A week before 27 June 2007, gold was around $656.10 per troy ounce, so the close of $641.70 is a loss of 2.2% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 10.85% below the highest close on record up to that date, which was set on 2006-05-11.