Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 29 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $657.10 per troy ounce on 29 May 2007, up $2.000 (0.31%) from the previous close of $655.10.
This was the strongest close of the week up to that point.
This close sat 8.71% 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 $650.90, making this a +0.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $657.10 per troy ounce on 29 May 2007. That is $2.00 higher than the previous close of $655.10, a move of 0.31%.
The gold price rose on 29 May 2007, gaining $2.00 (0.31%) against the previous session's close of $655.10.
At $657.10 per troy ounce, one gram of pure gold was worth about $21.13 on 29 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 May 2007 18k gold was worth about $15.84 per gram and 14k about $12.32 per gram, against $21.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.9 on 29 May 2007, meaning one ounce of gold was worth roughly 49.9 ounces of silver.
It closed 8.71% below the highest close on record up to that date, which was set on 2006-05-11.