Distance from the record
This close sat 1.82% below the highest gold close recorded up to that date, set on 2007-09-28.
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This page is a historical record of the gold price in 3 October 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $729.30 per troy ounce on 3 October 2007, down $0.500 (0.07%) from the previous close of $729.80.
Notable session: lowest close of the month.
Gold barely moved, closing within 0.07% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 1.82% below the highest gold close recorded up to that date, set on 2007-09-28.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $576.30, making this a +26.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $729.30 per troy ounce on 3 October 2007. That is $0.50 lower than the previous close of $729.80, a move of -0.07%.
The gold price fell on 3 October 2007, losing $0.50 (0.07%) against the previous session's close of $729.80.
At $729.30 per troy ounce, one gram of pure gold was worth about $23.45 on 3 October 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 October 2007 18k gold was worth about $17.59 per gram and 14k about $13.68 per gram, against $23.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.6 on 3 October 2007, meaning one ounce of gold was worth roughly 54.6 ounces of silver.
A month before 3 October 2007, gold was around $673.00 per troy ounce, so the close of $729.30 is a gain of 8.4% over the month.
A year before 3 October 2007, gold was around $576.30 per troy ounce. The close of $729.30 therefore represents a rise of 26.5% over twelve months.
It closed 1.82% below the highest close on record up to that date, which was set on 2007-09-28.