Gold Price in July 2007
In July 2007, gold rose 2.9%, from $648.10 at the end of June to $666.90 per troy ounce on July 31, 2007. The highest close was $684.20 on July 24, 2007, the lowest $648.40 on July 5, 2007, and the average over 21 trading days was $665.79. Today's price is 481.3% higher than the July 2007 close.
Gold ended July higher. What usually happens in August after a higher July →
- Gold rose 2.9% in US dollars in July 2007, leaving it up 5.0% for the year to date.
- Measured in other currencies, the change ranged from −0.6% in JPY to +3.7% in ZAR, because exchange rates moved too.
- It did better than US stocks (−3.1%), and worse than silver (+4.8%).
- It closed higher on 11 trading days and lower on 10, with an average daily move of 0.70%.
- At the end of the month it was 7.3% below its highest close since 2000.
- Gold/silver ratio: 52.5 → 51.5.
Gold price chart, July 2007
US dollars per troy ounce · daily closeGold in other currencies, July 2007
| Currency | Change in the month |
|---|---|
| ZAR | +3.7% |
| PKR | +2.8% |
| INR | +2.5% |
| EGP | +2.3% |
| CNY | +2.3% |
| AUD | +2.1% |
| CAD | +2.1% |
| EUR | +1.8% |
| GBP | +1.7% |
| TRY | +1.7% |
| CHF | +1.4% |
| JPY | −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, July 2007
| Asset | Change (USD) |
|---|---|
| Gold | +2.9% |
| Silver | +4.8% |
| S&P 500 (with dividends) | −3.1% |
| US inflation (CPI, month) | −0.03% |
| Gold, year to date (end of July) | +5.0% |
| Gold/silver ratio | 52.5 → 51.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, July 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 |
|---|---|---|---|---|---|
| Jul 2Mon | $656.50 | +1.30% | $21.11 | ₹8,518 | AED 77.51 |
| Jul 3Tue | $652.90 | −0.55% | $20.99 | ₹8,483 | AED 77.08 |
| Jul 5Thu | $648.40 | −0.69% | $20.85 | ₹8,403 | AED 76.55 |
| Jul 6Fri | $652.70 | +0.66% | $20.98 | ₹8,459 | AED 77.06 |
| Jul 9Mon | $660.50 | +1.20% | $21.24 | ₹8,531 | AED 77.98 |
| Jul 10Tue | $662.50 | +0.30% | $21.30 | ₹8,586 | AED 78.21 |
| Jul 11Wed | $660.30 | −0.33% | $21.23 | ₹8,588 | AED 77.95 |
| Jul 12Thu | $666.70 | +0.97% | $21.43 | ₹8,617 | AED 78.71 |
| Jul 13Fri | $665.80 | −0.13% | $21.41 | ₹8,605 | AED 78.60 |
| Jul 16Mon | $665.00 | −0.12% | $21.38 | ₹8,615 | AED 78.51 |
| Jul 17Tue | $664.70 | −0.05% | $21.37 | ₹8,619 | AED 78.46 |
| Jul 18Wed | $672.60 | +1.19% | $21.62 | ₹8,692 | AED 79.39 |
| Jul 19Thu | $677.20 | +0.68% | $21.77 | ₹8,736 | AED 79.94 |
| Jul 20Fri | $683.90 | +0.99% | $21.99 | ₹8,823 | AED 80.73 |
| Jul 23Mon | $680.80 | −0.45% | $21.89 | ₹8,803 | AED 80.36 |
| Jul 24Tue | $684.20 | +0.50% | $22.00 | ₹8,850 | AED 80.75 |
| Jul 25Wed | $673.30 | −1.59% | $21.65 | ₹8,697 | AED 79.47 |
| Jul 26Thu | $662.50 | −1.60% | $21.30 | ₹8,588 | AED 78.20 |
| Jul 27Fri | $660.00 | −0.38% | $21.22 | ₹8,556 | AED 77.91 |
| Jul 30Mon | $664.10 | +0.62% | $21.35 | ₹8,626 | AED 78.40 |
| Jul 31Tue | $666.90 | +0.42% | $21.44 | ₹8,657 | AED 78.73 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Every July since 1971 →
Gold in July 2007: FAQ
What was the price of gold in July 2007?
Gold traded between $648.40 and $684.20 per troy ounce (daily closes) in July 2007, averaging $665.79. It closed the month at $666.90.
How much did gold go up in July 2007?
Gold rose 2.9%, from $648.10 to $666.90. The biggest daily rise was +1.3% on July 2, 2007 and the biggest fall −1.6% on July 26, 2007.
What was the gold price on July 2, 2007?
Gold closed at $656.50 per troy ounce on July 2, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,518.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in July 2007?
Gold rose 2.5% in Indian rupee terms in July 2007, compared with +2.9% in US dollars.
Did gold beat stocks in July 2007?
Yes. Gold was +2.9% for the month, against −3.1% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2007?
US consumer prices (CPI) changed −0.03% in July, so gold's real (inflation-adjusted) change was about +2.9%.
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{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}