Gold price by month

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

Gold closed October 2007 at $792.00 an ounce, up 6.62% on the month. The highest close was $792.00 on 31 Oct and the lowest $729.30 on 3 Oct. Every trading day below, with ranks and context computed from COMEX data.

Month close$792.0031 October 2007
Monthly change+6.6%vs $742.80 at the end of September 2007
Highest close$792.0031 October 2007
Lowest close$729.303 October 2007

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

$740$760$780$800149121722253031high close $792.00low close $729.30
$740$760$780$8001815222931$792.00$729.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = September 2007 close ($742.80).

Daily gold prices in October 2007 (23 trading days)

Daily gold prices, October 2007
DateOpenHighLowCloseChange% change
Mon 1 Oct$745.10$747.40$741.80$747.20+$4.40+0.59%
Tue 2 Oct worst day$746.50$746.50$726.50$729.80−$17.40−2.33%
Wed 3 Oct$727.60$732.50$726.70$729.30−$0.50−0.07%
Thu 4 Oct———$737.80+$8.50+1.17%
Fri 5 Oct$731.00$741.70$731.00$741.30+$3.50+0.47%
Mon 8 Oct$735.20$737.00$732.40$732.80−$8.50−1.15%
Tue 9 Oct———$737.40+$4.60+0.63%
Wed 10 Oct———$740.40+$3.00+0.41%
Thu 11 Oct———$751.30+$10.90+1.47%
Fri 12 Oct$750.40$750.40$748.70$748.70−$2.60−0.35%
Mon 15 Oct———$757.10+$8.40+1.12%
Tue 16 Oct$762.40$762.40$756.10$757.00−$0.10−0.01%
Wed 17 Oct$760.00$760.00$757.00$757.50+$0.50+0.07%
Thu 18 Oct———$764.10+$6.60+0.87%
Fri 19 Oct$765.20$765.20$762.70$764.00−$0.10−0.01%
Mon 22 Oct$766.70$766.70$751.90$755.80−$8.20−1.07%
Tue 23 Oct———$759.00+$3.20+0.42%
Wed 24 Oct———$761.60+$2.60+0.34%
Thu 25 Oct———$767.30+$5.70+0.75%
Fri 26 Oct best day———$783.90+$16.60+2.16%
Mon 29 Oct$793.80$793.80$787.30$789.10+$5.20+0.66%
Tue 30 Oct$785.50$785.50$780.70$784.30−$4.80−0.61%
Wed 31 Oct$789.30$795.40$789.30$792.00+$7.70+0.98%

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 10 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

October 2007OpenHighLowCloseChange
Settlements$747.20$792.00$729.30$792.00+6.62%

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 October 2007: summary

Gold soared 6.62% in October 2007, closing the month at $792.00 an ounce against $742.80 at the end of September 2007. Settlement prices ranged from $729.30 on 3 October 2007 to $792.00 on 31 October 2007, a spread of $62.70 (8.4%), wider than the 5.6% average of the previous 12 months. Gold closed higher on 15 of 23 trading days and lower on 8; the strongest session was 26 October 2007 (+2.16%) and the weakest 2 October 2007 (−2.33%).

On the monthly change, October 2007 was the 2nd-best October of the 26 since 2000. It was gold's 4th monthly gain in a row.

How October 2007 compares

  • Against other Octobers: at +6.62%, October 2007 ranks 2nd of 26 Octobers since 2000 (best first).
  • Against every month: it ranks 36th of 313 months since September 2000, better than 89% of them.
  • Range: the gap between the highest and lowest close was $62.70, or 8.4% of the opening level, 1.5× the 5.6% average of the previous 12 months.
  • Daily moves: the average day moved 0.77% (up or down), against 0.75% over the previous 12 months, so October 2007 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was +24.69% for 2007 to the end of October and +31.10% over 12 months (against the October 2006 close of $604.10).
  • Average price: the mean of the 23 daily closes was $756.03; the World Bank's monthly average of the London (LBMA) price was $755.00.

Across the other 25 completed Octobers since 2000, gold averaged −0.13% and rose in 12 of them (48%). October 2007 beat that average by 6.8 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Octobers side by side.

October 2007 in today's dollars

Adjusted for US consumer-price inflation, the $792.00 closing price equals about $1,273 in September 2026 dollars (CPI 209.2 in October 2007 against 336.3 in September 2026, FRED series CPIAUCSL), 61% 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 October 2007?

Gold closed October 2007 at $792.00 an ounce (COMEX settlement). It opened the month at $747.20 and averaged $756.03 across 23 trading days; the World Bank’s London average for the month was $755.00.

Did gold go up in October 2007?

Yes. Gold was up 6.62% in October 2007, from $742.80 at the end of September 2007 to $792.00. It closed higher on 15 of 23 days. Among Octobers since 2000 it ranks 2nd of 26 (best first).

What was the highest gold price in October 2007?

The highest close was $792.00 on 31 October 2007.

What was the lowest gold price in October 2007?

The lowest close was $729.30 on 3 October 2007, $62.70 (8.4%) 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.