Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 31 December 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $834.90 per troy ounce on 31 December 2007, down $4.700 (0.56%) from the previous close of $839.60.
This was the strongest close of the week up to that point.
One of the ten highest gold closes of that year, ranking 3 of 252 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $635.20, making this a +31.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $834.90 per troy ounce on 31 December 2007. That is $4.70 lower than the previous close of $839.60, a move of -0.56%.
The gold price fell on 31 December 2007, losing $4.70 (0.56%) against the previous session's close of $839.60.
At $834.90 per troy ounce, one gram of pure gold was worth about $26.84 on 31 December 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 December 2007 18k gold was worth about $20.13 per gram and 14k about $15.66 per gram, against $26.84 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.4 on 31 December 2007, meaning one ounce of gold was worth roughly 56.4 ounces of silver.
A week before 31 December 2007, gold was around $812.80 per troy ounce, so the close of $834.90 is a gain of 2.7% over the week.
A month before 31 December 2007, gold was around $782.20 per troy ounce, so the close of $834.90 is a gain of 6.7% over the month.
A year before 31 December 2007, gold was around $635.20 per troy ounce. The close of $834.90 therefore represents a rise of 31.4% over twelve months.
It closed 0.56% below the highest close on record up to that date, which was set on 2007-12-28.