Gold Price in February 2007
In February 2007, gold rose 2.7%, from $652.00 at the end of January to $669.40 per troy ounce on February 28, 2007. The highest close was $686.50 on February 26, 2007, the lowest $646.20 on February 2, 2007, and the average over 19 trading days was $666.08. Today's price is 479.1% higher than the February 2007 close.
Gold ended February higher. What usually happens in March after a higher February →
- Gold rose 2.7% in US dollars in February 2007, leaving it up 5.4% for the year to date.
- Measured in other currencies, the change ranged from +0.6% in CHF to +3.4% in PKR, because exchange rates moved too.
- It did better than US stocks (−2.0%), and worse than silver (+4.3%).
- It closed higher on 11 trading days and lower on 8, with an average daily move of 0.88%.
- At the end of the month it was 7.0% below its highest close since 2000.
- Gold/silver ratio: 48.2 → 47.5.
Gold price chart, February 2007
US dollars per troy ounce · daily closeGold in other currencies, February 2007
| Currency | Change in the month |
|---|---|
| PKR | +3.4% |
| ZAR | +3.0% |
| TRY | +3.0% |
| EGP | +2.7% |
| INR | +2.7% |
| GBP | +2.6% |
| CAD | +2.2% |
| CNY | +2.2% |
| AUD | +1.2% |
| EUR | +1.1% |
| JPY | +1.0% |
| CHF | +0.6% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, February 2007
| Asset | Change (USD) |
|---|---|
| Gold | +2.7% |
| Silver | +4.3% |
| S&P 500 (with dividends) | −2.0% |
| US inflation (CPI, month) | +0.54% |
| Gold, year to date (end of February) | +5.4% |
| Gold/silver ratio | 48.2 → 47.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2007
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Feb 1Thu | $657.40 | +0.83% | $21.14 | ₹9,288 | AED 77.60 |
| Feb 2Fri | $646.20 | −1.70% | $20.78 | ₹9,128 | AED 76.28 |
| Feb 5Mon | $650.90 | +0.73% | $20.93 | ₹9,201 | AED 76.84 |
| Feb 6Tue | $653.60 | +0.41% | $21.01 | ₹9,257 | AED 77.16 |
| Feb 7Wed | $652.30 | −0.20% | $20.97 | ₹9,231 | AED 77.00 |
| Feb 8Thu | $658.00 | +0.87% | $21.16 | ₹9,319 | AED 77.68 |
| Feb 9Fri | $667.50 | +1.44% | $21.46 | ₹9,414 | AED 78.79 |
| Feb 12Mon | $662.60 | −0.73% | $21.30 | ₹9,389 | AED 78.22 |
| Feb 13Tue | $663.90 | +0.20% | $21.34 | ₹9,383 | AED 78.37 |
| Feb 14Wed | $667.40 | +0.53% | $21.46 | ₹9,414 | AED 78.79 |
| Feb 15Thu | $667.30 | −0.01% | $21.45 | ₹9,443 | AED 78.74 |
| Feb 16Fri | $668.80 | +0.22% | $21.50 | ₹9,419 | AED 78.96 |
| Feb 20Tue | $657.10 | −1.75% | $21.13 | ₹9,320 | AED 77.56 |
| Feb 21Wed | $680.20 | +3.52% | $21.87 | ₹9,639 | AED 80.29 |
| Feb 22Thu | $679.40 | −0.12% | $21.84 | ₹9,648 | AED 80.21 |
| Feb 23Fri | $683.10 | +0.54% | $21.96 | ₹9,667 | AED 80.66 |
| Feb 26Mon | $686.50 | +0.50% | $22.07 | ₹9,733 | AED 81.03 |
| Feb 27Tue | $683.90 | −0.38% | $21.99 | ₹9,700 | AED 80.72 |
| Feb 28Wed | $669.40 | −2.12% | $21.52 | ₹9,473 | AED 79.03 |
How February usually goes for gold
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Every February since 1971 →
Gold in February 2007: FAQ
What was the price of gold in February 2007?
Gold traded between $646.20 and $686.50 per troy ounce (daily closes) in February 2007, averaging $666.08. It closed the month at $669.40.
How much did gold go up in February 2007?
Gold rose 2.7%, from $652.00 to $669.40. The biggest daily rise was +3.5% on February 21, 2007 and the biggest fall −2.1% on February 28, 2007.
What was the gold price on February 1, 2007?
Gold closed at $657.40 per troy ounce on February 1, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹9,288.
Is February usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in February 2007?
Gold rose 2.7% in Indian rupee terms in February 2007, compared with +2.7% in US dollars.
Did gold beat stocks in February 2007?
Yes. Gold was +2.7% for the month, against −2.0% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2007?
US consumer prices (CPI) changed +0.54% in February, so gold's real (inflation-adjusted) change was about +2.1%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinfebruary, author = {{Corgano}}, title = {Gold Price in February 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/february}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}