Gold price by month

Gold price in March 2007: daily prices, high, low and change

Gold closed March 2007 at $663.00 an ounce, down 0.96% on the month. The highest close was $666.50 on 28 Mar and the lowest $636.70 on 5 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$663.0030 March 2007
Monthly change−1.0%vs $669.40 at the end of February 2007
Highest close$666.5028 March 2007
Lowest close$636.705 March 2007

Gold price chart, March 2007 (daily close and high-low range, US$ per ounce)

$640$650$660$6701691419222730high close $666.50low close $636.70
$640$650$660$670171319232930$666.50$636.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2007 close ($669.40).

Daily gold prices in March 2007 (22 trading days)

Daily gold prices, March 2007
DateOpenHighLowCloseChange% change
Thu 1 Mar———$662.30−$7.10−1.06%
Fri 2 Mar worst day———$641.50−$20.80−3.14%
Mon 5 Mar———$636.70−$4.80−0.75%
Tue 6 Mar best day$643.70$644.50$641.30$643.80+$7.10+1.12%
Wed 7 Mar———$650.60+$6.80+1.06%
Thu 8 Mar———$653.40+$2.80+0.43%
Fri 9 Mar———$650.00−$3.40−0.52%
Mon 12 Mar———$648.40−$1.60−0.25%
Tue 13 Mar———$647.60−$0.80−0.12%
Wed 14 Mar———$640.90−$6.70−1.03%
Thu 15 Mar———$645.70+$4.80+0.75%
Fri 16 Mar———$652.60+$6.90+1.07%
Mon 19 Mar———$653.10+$0.50+0.08%
Tue 20 Mar———$657.90+$4.80+0.73%
Wed 21 Mar———$659.00+$1.10+0.17%
Thu 22 Mar———$663.40+$4.40+0.67%
Fri 23 Mar———$656.70−$6.70−1.01%
Mon 26 Mar———$663.40+$6.70+1.02%
Tue 27 Mar———$662.10−$1.30−0.20%
Wed 28 Mar———$666.50+$4.40+0.66%
Thu 29 Mar$665.90$666.20$654.60$661.50−$5.00−0.75%
Fri 30 Mar$661.20$667.70$659.10$663.00+$1.50+0.23%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 19 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).

Monthly open, high, low and close

March 2007OpenHighLowCloseChange
Settlements$662.30$666.50$636.70$663.00−0.96%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2007 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in March 2007: summary

Gold eased 0.96% in March 2007, closing the month at $663.00 an ounce against $669.40 at the end of February 2007. Gold closed higher on 12 of 22 trading days and lower on 10; the strongest session was 6 March 2007 (+1.12%) and the weakest 2 March 2007 (−3.14%). Settlement prices ranged from $636.70 on 5 March 2007 to $666.50 on 28 March 2007, a spread of $29.80 (4.5%), narrower than the 8.4% average of the previous 12 months.

How March 2007 compares

  • Against other Marches: at −0.96%, March 2007 ranks 16th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 204th of 313 months since September 2000, better than 35% of them.
  • Range: the gap between the highest and lowest close was $29.80, or 4.5% of the opening level, 0.5× the 8.4% average of the previous 12 months.
  • Daily moves: the average day moved 0.76% (up or down), against 1.08% over the previous 12 months, so March 2007 was calmer than usual.
  • Streaks: the longest run of higher closes was 6 days and the longest run of lower closes 4 days.
  • Bigger picture: at the month-end close gold was +4.38% for 2007 to the end of March and +13.96% over 12 months (against the March 2006 close of $581.80).
  • Average price: the mean of the 22 daily closes was $653.64; the World Bank's monthly average of the London (LBMA) price was $655.00.

Across the other 25 completed Marches since 2001, gold averaged +0.25% and rose in 12 of them (48%). March 2007 lagged that average by 1.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Marches side by side.

March 2007 in today's dollars

Adjusted for US consumer-price inflation, the $663.00 closing price equals about $1,086 in September 2026 dollars (CPI 205.3 in March 2007 against 336.3 in September 2026, FRED series CPIAUCSL), 64% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2007

The gold price in 2007 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in March 2007?

Gold closed March 2007 at $663.00 an ounce (COMEX settlement). It opened the month at $662.30 and averaged $653.64 across 22 trading days; the World Bank’s London average for the month was $655.00.

Did gold go up in March 2007?

No. Gold was down 0.96% in March 2007, from $669.40 at the end of February 2007 to $663.00. It closed higher on 12 of 22 days. Among Marches since 2001 it ranks 16th of 26 (best first).

What was the highest gold price in March 2007?

The highest close was $666.50 on 28 March 2007.

What was the lowest gold price in March 2007?

The lowest close was $636.70 on 5 March 2007, $29.80 (4.5%) below the month’s highest close.

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