Distance from the record
This close sat 4.51% below the highest gold close recorded up to that date, set on 2007-11-08.
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This page is a historical record of the gold price in 5 December 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $797.50 per troy ounce on 5 December 2007, down $3.800 (0.47%) from the previous close of $801.30.
This close sat 4.51% 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 $642.30, making this a +24.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $797.50 per troy ounce on 5 December 2007. That is $3.80 lower than the previous close of $801.30, a move of -0.47%.
The gold price fell on 5 December 2007, losing $3.80 (0.47%) against the previous session's close of $801.30.
At $797.50 per troy ounce, one gram of pure gold was worth about $25.64 on 5 December 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2007 18k gold was worth about $19.23 per gram and 14k about $14.96 per gram, against $25.64 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.9 on 5 December 2007, meaning one ounce of gold was worth roughly 55.9 ounces of silver.
A year before 5 December 2007, gold was around $642.30 per troy ounce. The close of $797.50 therefore represents a rise of 24.2% over twelve months.
It closed 4.51% below the highest close on record up to that date, which was set on 2007-11-08.