Distance from the record
This close sat 8.02% 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 March 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $662.10 per troy ounce on 27 March 2007, down $1.300 (0.20%) from the previous close of $663.40.
This close sat 8.02% 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 $567.00, making this a +16.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $662.10 per troy ounce on 27 March 2007. That is $1.30 lower than the previous close of $663.40, a move of -0.20%.
The gold price fell on 27 March 2007, losing $1.30 (0.20%) against the previous session's close of $663.40.
At $662.10 per troy ounce, one gram of pure gold was worth about $21.29 on 27 March 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2007 18k gold was worth about $15.97 per gram and 14k about $12.42 per gram, against $21.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.1 on 27 March 2007, meaning one ounce of gold was worth roughly 50.1 ounces of silver.
A year before 27 March 2007, gold was around $567.00 per troy ounce. The close of $662.10 therefore represents a rise of 16.8% over twelve months.
It closed 8.02% below the highest close on record up to that date, which was set on 2006-05-11.