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 3 December 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $788.30 per troy ounce on 3 December 2007, up $6.100 (0.78%) from the previous close of $782.20.
Notable session: lowest close of the month.
No earlier session that month closed above this level.
This close sat 5.62% below the highest gold close recorded up to that date, set on 2007-11-08.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $635.20, making this a +24.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $788.30 per troy ounce on 3 December 2007. That is $6.10 higher than the previous close of $782.20, a move of 0.78%.
The gold price rose on 3 December 2007, gaining $6.10 (0.78%) against the previous session's close of $782.20.
At $788.30 per troy ounce, one gram of pure gold was worth about $25.34 on 3 December 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 December 2007 18k gold was worth about $19.01 per gram and 14k about $14.78 per gram, against $25.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.3 on 3 December 2007, meaning one ounce of gold was worth roughly 56.3 ounces of silver.
A week before 3 December 2007, gold was around $826.00 per troy ounce, so the close of $788.30 is a loss of 4.6% over the week.
A year before 3 December 2007, gold was around $635.20 per troy ounce. The close of $788.30 therefore represents a rise of 24.1% over twelve months.
It closed 5.62% below the highest close on record up to that date, which was set on 2007-11-08.