Gold price history

Gold price in 2007: open, high, low, close

Gold averaged $697.01 an ounce in 2007, moving between $604.90 and $839.60. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.

Open$635.20first settlement of the year
High$839.60December 2007
Low$604.90January 2007
Close$834.90+31.4% vs 2006

Gold price in 2007, month by month (US dollars per troy ounce)

MonthOpenHighLowCloseLondon avg
January$635.20$652.00$604.90$652.00$631.00
February$657.40$686.50$646.20$669.40$665.00
March$662.30$666.50$636.70$663.00$655.00
April$665.70$692.00$664.00$680.50$679.00
May$674.40$688.00$653.00$661.00$667.00
June$671.20$671.20$641.70$648.10$656.00
July$656.50$684.20$648.40$666.90$665.00
August$663.60$674.50$648.30$673.00$665.00
September$682.50$742.80$681.70$742.80$713.00
October$747.20$792.00$729.30$792.00$755.00
November$790.70$835.20$776.80$782.20$806.00
December$788.30$839.60$788.30$834.90$803.00

Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.

Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.

Gold in 2007: the numbers

In 2007, gold averaged $697.01 an ounce, measured by daily COMEX settlement prices. It opened the year at $635.20, reached a high of $839.60 in December 2007 and a low of $604.90 in January 2007, and closed at $834.90, a change of +31.4% from the end of 2006. 7 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $1,328 in September 2026 dollars.

For context, gold closed 2006 at $635.20 and 2008 at $883.60 (+5.8% in 2008).

How this compares with the whole record

The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2007 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.

Frequently asked questions

What was the gold price in 2007?

Gold averaged $697.01 per troy ounce in 2007, measured by daily COMEX settlement prices. It opened the year at $635.20 and closed at $834.90.

What was the highest gold price in 2007?

The highest daily settlement in 2007 was $839.60, in December 2007. Intraday highs were slightly higher.

What was the lowest gold price in 2007?

The lowest daily settlement in 2007 was $604.90, in January 2007.

Did gold go up or down in 2007?

Gold up +31.4% in 2007, from $635.20 at the end of 2006 to $834.90. Adjusted for inflation, that closing price is about $1,328 in September 2026 dollars.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.