Gold Price in January 2007
In January 2007, gold rose 2.6%, from $635.20 at the end of December to $652.00 per troy ounce on January 31, 2007. The highest close was $652.00 on January 31, 2007, the lowest $604.90 on January 5, 2007, and the average over 21 trading days was $630.39. Today's price is 494.6% higher than the January 2007 close.
Gold ended January higher. What usually happens in February after a higher January →
- Gold rose 2.6% in US dollars in January 2007.
- Measured in other currencies, the change ranged from +2.1% in PKR to +5.6% in ZAR, because exchange rates moved too.
- It did better than US stocks (+1.5%), and worse than silver (+5.4%).
- It closed higher on 11 trading days and lower on 9, with an average daily move of 0.81%.
- At the end of the month it was 9.4% below its highest close since 2000.
- Gold/silver ratio: 49.6 → 48.2.
Gold price chart, January 2007
US dollars per troy ounce · daily closeGold in other currencies, January 2007
| Currency | Change in the month |
|---|---|
| ZAR | +5.6% |
| CHF | +4.7% |
| AUD | +4.4% |
| JPY | +4.2% |
| EUR | +4.0% |
| CAD | +3.6% |
| INR | +2.6% |
| GBP | +2.4% |
| EGP | +2.3% |
| CNY | +2.2% |
| TRY | +2.1% |
| PKR | +2.1% |
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, January 2007
| Asset | Change (USD) |
|---|---|
| Gold | +2.6% |
| Silver | +5.4% |
| S&P 500 (with dividends) | +1.5% |
| US inflation (CPI, month) | +0.31% |
| Gold/silver ratio | 49.6 → 48.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, January 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 |
|---|---|---|---|---|---|
| Jan 2Tue | $635.20 | 0.00% | $20.42 | ₹9,011 | AED 74.99 |
| Jan 3Wed | $627.10 | −1.28% | $20.16 | ₹8,894 | AED 74.03 |
| Jan 4Thu | $623.90 | −0.51% | $20.06 | ₹8,845 | AED 73.65 |
| Jan 5Fri | $604.90 | −3.05% | $19.45 | ₹8,584 | AED 71.41 |
| Jan 8Mon | $607.50 | +0.43% | $19.53 | ₹8,644 | AED 71.72 |
| Jan 9Tue | $613.10 | +0.92% | $19.71 | ₹8,715 | AED 72.38 |
| Jan 10Wed | $611.60 | −0.24% | $19.66 | ₹8,726 | AED 72.20 |
| Jan 11Thu | $612.40 | +0.13% | $19.69 | ₹8,747 | AED 72.30 |
| Jan 12Fri | $625.50 | +2.14% | $20.11 | ₹8,900 | AED 73.84 |
| Jan 16Tue | $624.60 | −0.14% | $20.08 | ₹8,861 | AED 73.74 |
| Jan 17Wed | $632.10 | +1.20% | $20.32 | ₹8,947 | AED 74.62 |
| Jan 18Thu | $627.10 | −0.79% | $20.16 | ₹8,888 | AED 74.04 |
| Jan 19Fri | $635.50 | +1.34% | $20.43 | ₹9,007 | AED 75.02 |
| Jan 22Mon | $633.30 | −0.35% | $20.36 | ₹8,968 | AED 74.76 |
| Jan 23Tue | $645.20 | +1.88% | $20.74 | ₹9,143 | AED 76.17 |
| Jan 24Wed | $647.60 | +0.37% | $20.82 | ₹9,179 | AED 76.45 |
| Jan 25Thu | $647.80 | +0.03% | $20.83 | ₹9,182 | AED 76.47 |
| Jan 26Fri | $644.50 | −0.51% | $20.72 | ₹9,120 | AED 76.09 |
| Jan 29Mon | $643.10 | −0.22% | $20.68 | ₹9,112 | AED 75.92 |
| Jan 30Tue | $644.20 | +0.17% | $20.71 | ₹9,108 | AED 76.05 |
| Jan 31Wed | $652.00 | +1.21% | $20.96 | ₹9,224 | AED 76.97 |
How January usually goes for gold
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Every January since 1971 →
Gold in January 2007: FAQ
What was the price of gold in January 2007?
Gold traded between $604.90 and $652.00 per troy ounce (daily closes) in January 2007, averaging $630.39. It closed the month at $652.00.
How much did gold go up in January 2007?
Gold rose 2.6%, from $635.20 to $652.00. The biggest daily rise was +2.1% on January 12, 2007 and the biggest fall −3.0% on January 5, 2007.
What was the gold price on January 2, 2007?
Gold closed at $635.20 per troy ounce on January 2, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹9,011.
Is January usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in January 2007?
Gold rose 2.6% in Indian rupee terms in January 2007, compared with +2.6% in US dollars.
Did gold beat stocks in January 2007?
Yes. Gold was +2.6% for the month, against +1.5% for the S&P 500 with dividends.
Did gold keep up with inflation in January 2007?
US consumer prices (CPI) changed +0.31% in January, so gold's real (inflation-adjusted) change was about +2.3%.
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{corgano2026goldpriceinjanuary, author = {{Corgano}}, title = {Gold Price in January 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/january}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}