Distance from the record
This close sat 5.49% 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 May 2007, not the current price.See today's gold price (11 September 2026)
Gold closed at $680.30 per troy ounce on 9 May 2007, down $4.800 (0.70%) from the previous close of $685.10.
This close sat 5.49% 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 $699.40, making this a -2.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $680.30 per troy ounce on 9 May 2007. That is $4.80 lower than the previous close of $685.10, a move of -0.70%.
The gold price fell on 9 May 2007, losing $4.80 (0.70%) against the previous session's close of $685.10.
At $680.30 per troy ounce, one gram of pure gold was worth about $21.87 on 9 May 2007. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 May 2007 18k gold was worth about $16.40 per gram and 14k about $12.76 per gram, against $21.87 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.9 on 9 May 2007, meaning one ounce of gold was worth roughly 50.9 ounces of silver.
It closed 5.49% below the highest close on record up to that date, which was set on 2006-05-11.