Distance from the record
This close sat 10.32% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 8 June 2007, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 14 March 2007
Gold closed at $645.50 per troy ounce on 8 June 2007, down $14.60 (2.21%) from the previous close of $660.10.
Gold lost 2.21% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 10.32% below the highest gold close recorded up to that date, set on 2006-05-11.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $609.10, making this a +5.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $645.50 per troy ounce on 8 June 2007. That is $14.60 lower than the previous close of $660.10, a move of -2.21%.
The gold price fell on 8 June 2007, losing $14.60 (2.21%) against the previous session's close of $660.10.
At $645.50 per troy ounce, one gram of pure gold was worth about $20.75 on 8 June 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 June 2007 18k gold was worth about $15.56 per gram and 14k about $12.11 per gram, against $20.75 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.7 on 8 June 2007, meaning one ounce of gold was worth roughly 49.7 ounces of silver.
A month before 8 June 2007, gold was around $685.10 per troy ounce, so the close of $645.50 is a loss of 5.8% over the month.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 10.32% below the highest close on record up to that date, which was set on 2006-05-11.