Gold price by month

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

Gold closed December 2007 at $834.90 an ounce, up 6.74% on the month. The highest close was $839.60 on 28 Dec and the lowest $788.30 on 3 Dec. Every trading day below, with ranks and context computed from COMEX data.

Month close$834.9031 December 2007
Monthly change+6.7%vs $782.20 at the end of November 2007
Highest close$839.6028 December 2007
Lowest close$788.303 December 2007

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

$780$800$820$8403571113171921262831high close $839.60low close $788.30
$780$800$820$8403713192631$839.60$788.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = November 2007 close ($782.20).

Daily gold prices in December 2007 (20 trading days)

Daily gold prices, December 2007
DateOpenHighLowCloseChange% change
Mon 3 Dec$783.90$794.60$777.00$788.30+$6.10+0.78%
Tue 4 Dec$794.00$805.00$787.20$801.30+$13.00+1.65%
Wed 5 Dec$802.20$803.90$791.70$797.50−$3.80−0.47%
Thu 6 Dec$794.40$804.80$786.50$801.20+$3.70+0.46%
Fri 7 Dec$800.70$801.20$792.00$794.40−$6.80−0.85%
Mon 10 Dec best day$799.30$809.70$799.30$807.70+$13.30+1.67%
Tue 11 Dec$808.10$812.00$796.00$811.40+$3.70+0.46%
Wed 12 Dec$809.70$815.90$809.60$813.50+$2.10+0.26%
Thu 13 Dec worst day$810.30$810.30$792.70$799.00−$14.50−1.78%
Fri 14 Dec$800.30$803.50$789.60$793.30−$5.70−0.71%
Mon 17 Dec———$794.80+$1.50+0.19%
Tue 18 Dec$793.00$804.80$793.00$803.00+$8.20+1.03%
Wed 19 Dec$799.20$804.00$799.10$801.10−$1.90−0.24%
Thu 20 Dec$799.50$800.00$794.20$799.20−$1.90−0.24%
Fri 21 Dec$800.00$812.50$800.00$811.60+$12.40+1.55%
Mon 24 Dec$811.50$814.10$809.80$812.80+$1.20+0.15%
Wed 26 Dec$815.70$826.90$815.70$826.00+$13.20+1.62%
Thu 27 Dec$824.80$832.50$824.80$828.60+$2.60+0.31%
Fri 28 Dec$826.60$840.20$826.60$839.60+$11.00+1.33%
Mon 31 Dec———$834.90−$4.70−0.56%

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 2 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

December 2007OpenHighLowCloseChange
Settlements$788.30$839.60$788.30$834.90+6.74%
Intraday$783.90$840.20 28 Dec$777.00 3 Dec$834.90—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2007 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

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 December 2007: summary

Gold surged 6.74% in December 2007, from $782.20 at the end of November 2007 to $834.90 an ounce. Settlement prices ranged from $788.30 on 3 December 2007 to $839.60 on 28 December 2007, a spread of $51.30 (6.6%), wider than the 5.9% average of the previous 12 months. Gold closed higher on 13 of 20 trading days and lower on 7; the strongest session was 10 December 2007 (+1.67%) and the weakest 13 December 2007 (−1.78%).

On the monthly change, December 2007 was the 3rd-best December of the 26 since 2000.

How December 2007 compares

  • Against other Decembers: at +6.74%, December 2007 ranks 3rd of 26 Decembers since 2000 (best first).
  • Against every month: it ranks 34th of 313 months since September 2000, better than 89% of them.
  • Range: the gap between the highest and lowest close was $51.30, or 6.6% of the opening level, 1.1× the 5.9% average of the previous 12 months.
  • Daily moves: the average day moved 0.82% (up or down), against 0.76% over the previous 12 months, so December 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 +31.44% for 2007 to the end of December and +31.44% over 12 months (against the December 2006 close of $635.20).
  • Average price: the mean of the 20 daily closes was $807.96; the World Bank's monthly average of the London (LBMA) price was $803.00.

Across the other 25 completed Decembers since 2000, gold averaged +1.24% and rose in 16 of them (64%). December 2007 beat that average by 5.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Decembers side by side.

December 2007 in today's dollars

Adjusted for US consumer-price inflation, the $834.90 closing price equals about $1,328 in September 2026 dollars (CPI 211.4 in December 2007 against 336.3 in September 2026, FRED series CPIAUCSL), 59% 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 December 2007?

Gold closed December 2007 at $834.90 an ounce (COMEX settlement). It opened the month at $788.30 and averaged $807.96 across 20 trading days; the World Bank’s London average for the month was $803.00.

Did gold go up in December 2007?

Yes. Gold was up 6.74% in December 2007, from $782.20 at the end of November 2007 to $834.90. It closed higher on 13 of 20 days. Among Decembers since 2000 it ranks 3rd of 26 (best first).

What was the highest gold price in December 2007?

The highest close was $839.60 on 28 December 2007. The highest intraday price in the daily bars was $840.20 on 28 December 2007.

What was the lowest gold price in December 2007?

The lowest close was $788.30 on 3 December 2007, $51.30 (6.6%) below the month’s highest close. The lowest intraday price was $777.00 on 3 December 2007.

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