Distance from the record
This close sat 36.01% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 7 July 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 15 March 2017
Gold closed at $1,208.60 per troy ounce on 7 July 2017, down $13.60 (1.11%) from the previous close of $1,222.20.
Notable session: lowest close of the month.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 36.01% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,360.10, making this a -11.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,208.60 per troy ounce on 7 July 2017. That is $13.60 lower than the previous close of $1,222.20, a move of -1.11%.
The gold price fell on 7 July 2017, losing $13.60 (1.11%) against the previous session's close of $1,222.20.
At $1,208.60 per troy ounce, one gram of pure gold was worth about $38.86 on 7 July 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 July 2017 18k gold was worth about $29.14 per gram and 14k about $22.67 per gram, against $38.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.6 on 7 July 2017, meaning one ounce of gold was worth roughly 78.6 ounces of silver.
A week before 7 July 2017, gold was around $1,240.70 per troy ounce, so the close of $1,208.60 is a loss of 2.6% over the week.
A month before 7 July 2017, gold was around $1,290.10 per troy ounce, so the close of $1,208.60 is a loss of 6.3% over the month.
It closed 36.01% below the highest close on record up to that date, which was set on 2011-08-22.