Distance from the record
This close sat 9.70% 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 9 March 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $650.00 per troy ounce on 9 March 2007, down $3.400 (0.52%) from the previous close of $653.40.
This close sat 9.70% 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 $545.50, making this a +19.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $650.00 per troy ounce on 9 March 2007. That is $3.40 lower than the previous close of $653.40, a move of -0.52%.
The gold price fell on 9 March 2007, losing $3.40 (0.52%) against the previous session's close of $653.40.
At $650.00 per troy ounce, one gram of pure gold was worth about $20.90 on 9 March 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 March 2007 18k gold was worth about $15.67 per gram and 14k about $12.19 per gram, against $20.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.5 on 9 March 2007, meaning one ounce of gold was worth roughly 50.5 ounces of silver.
A year before 9 March 2007, gold was around $545.50 per troy ounce. The close of $650.00 therefore represents a rise of 19.2% over twelve months.
It closed 9.70% below the highest close on record up to that date, which was set on 2006-05-11.