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 5 October 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $741.30 per troy ounce on 5 October 2007, up $3.500 (0.47%) from the previous close of $737.80.
No earlier session that month closed above this level.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $571.00, making this a +29.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $741.30 per troy ounce on 5 October 2007. That is $3.50 higher than the previous close of $737.80, a move of 0.47%.
The gold price rose on 5 October 2007, gaining $3.50 (0.47%) against the previous session's close of $737.80.
At $741.30 per troy ounce, one gram of pure gold was worth about $23.83 on 5 October 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2007 18k gold was worth about $17.88 per gram and 14k about $13.90 per gram, against $23.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.4 on 5 October 2007, meaning one ounce of gold was worth roughly 55.4 ounces of silver.
A month before 5 October 2007, gold was around $681.70 per troy ounce, so the close of $741.30 is a gain of 8.7% over the month.
A year before 5 October 2007, gold was around $571.00 per troy ounce. The close of $741.30 therefore represents a rise of 29.8% over twelve months.
It closed 0.20% below the highest close on record up to that date, which was set on 2007-09-28.