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Gold Price in August 2007

In August 2007, gold rose 0.9%, from $666.90 at the end of July to $673.00 per troy ounce on August 31, 2007. The highest close was $674.50 on August 8, 2007, the lowest $648.30 on August 16, 2007, and the average over 23 trading days was $665.06. Today's price is 513.9% higher than the August 2007 close.

End of July
$666.90
Month-end close
$673.00
Aug 31
Change
+0.9%
High
$674.50
Aug 8
Low
$648.30
Aug 16
Average
$665.06
23 trading days

Gold price chart, August 2007

US dollars per troy ounce · daily close
$646$661$677Jul 31Aug 6Aug 10Aug 16Aug 21Aug 27Aug 31

Daily Gold Prices, August 2007

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Aug 1Wed$663.60−0.49% $21.34 ₹8,614AED 78.34
Aug 2Thu$664.60+0.15% $21.37 ₹8,579AED 78.45
Aug 3Fri$672.50+1.19% $21.62 ₹8,691AED 79.39
Aug 6Mon$671.50−0.15% $21.59 ₹8,676AED 79.26
Aug 7Tue$670.60−0.13% $21.56 ₹8,697AED 79.17
Aug 8Wed$674.50+0.58% $21.69 ₹8,725AED 79.62
Aug 9Thu$661.40−1.94% $21.26 ₹8,598AED 78.07
Aug 10Fri$670.30+1.35% $21.55 ₹8,706AED 79.13
Aug 13Mon$669.70−0.09% $21.53 ₹8,688AED 79.05
Aug 14Tue$668.60−0.16% $21.50 ₹8,739AED 78.93
Aug 15Wed$668.90+0.04% $21.51 ₹8,791AED 78.97
Aug 16Thu$648.30−3.08% $20.84 ₹8,565AED 76.54
Aug 17Fri$656.90+1.33% $21.12 ₹8,656AED 77.54
Aug 20Mon$656.70−0.03% $21.11 ₹8,661AED 77.53
Aug 21Tue$656.700.00% $21.11 ₹8,648AED 77.52
Aug 22Wed$659.10+0.37% $21.19 ₹8,680AED 77.81
Aug 23Thu$658.90−0.03% $21.18 ₹8,638AED 77.79
Aug 24Fri$668.00+1.38% $21.48 ₹8,771AED 78.86
Aug 27Mon$666.80−0.18% $21.44 ₹8,768AED 78.71
Aug 28Tue$664.40−0.36% $21.36 ₹8,735AED 78.43
Aug 29Wed$666.30+0.29% $21.42 ₹8,761AED 78.66
Aug 30Thu$665.00−0.20% $21.38 ₹8,764AED 78.51
Aug 31Fri$673.00+1.20% $21.64 ₹8,779AED 79.45
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How August usually goes for gold

In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%.

Gold in August 2007: FAQ

What was the price of gold in August 2007?

Gold traded between $648.30 and $674.50 per troy ounce (daily closes) in August 2007, averaging $665.06. It closed the month at $673.00.

How much did gold go up in August 2007?

Gold rose 0.9%, from $666.90 to $673.00. The biggest daily rise was +1.4% on August 24, 2007 and the biggest fall −3.1% on August 16, 2007.

What was the gold price on August 1, 2007?

Gold closed at $663.60 per troy ounce on August 1, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,614.

Is August usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%. Past seasonal patterns are not a reliable guide to any single year.