Gold Price in June 2007
In June 2007, gold fell 3.4%, from $671.20 at the end of May to $648.10 per troy ounce on June 29, 2007. The highest close was $671.20 on June 1, 2007, the lowest $641.70 on June 26, 2007, and the average over 25 trading days was $654.10. Today's price is 498.2% higher than the June 2007 close.
Gold ended June lower. What usually happens in July after a lower June →
- Gold fell 3.4% in US dollars in June 2007, leaving it up 2.0% for the year to date.
- Measured in other currencies, the change ranged from −5.3% in AUD to −2.6% in JPY, because exchange rates moved too.
- It did better than silver (−9.7%), and worse than US stocks (−1.7%).
- It closed higher on 8 trading days and lower on 12, with an average daily move of 0.51%.
- At the end of the month it was 10.0% below its highest close since 2000.
- Gold/silver ratio: 49.1 → 52.5.
Gold price chart, June 2007
US dollars per troy ounce · daily closeGold in other currencies, June 2007
| Currency | Change in the month |
|---|---|
| JPY | −2.6% |
| INR | −2.7% |
| CAD | −3.0% |
| TRY | −3.6% |
| EGP | −3.6% |
| PKR | −3.6% |
| ZAR | −3.8% |
| CNY | −3.9% |
| EUR | −4.1% |
| CHF | −4.6% |
| GBP | −4.8% |
| AUD | −5.3% |
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, June 2007
| Asset | Change (USD) |
|---|---|
| Gold | −3.4% |
| Silver | −9.7% |
| S&P 500 (with dividends) | −1.7% |
| US inflation (CPI, month) | +0.19% |
| Gold, year to date (end of June) | +2.0% |
| Gold/silver ratio | 49.1 → 52.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, June 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 |
|---|---|---|---|---|---|
| Jun 1Fri | $671.20 | 0.00% | $21.58 | ₹8,678 | AED 79.22 |
| Jun 3Sun | $670.70 | −0.07% | $21.56 | ₹8,655 | AED 79.17 |
| Jun 4Mon | $669.60 | −0.16% | $21.53 | ₹8,646 | AED 79.05 |
| Jun 5Tue | $669.30 | −0.04% | $21.52 | ₹8,713 | AED 79.01 |
| Jun 6Wed | $660.10 | −1.37% | $21.22 | ₹8,585 | AED 77.92 |
| Jun 7Thu | $645.50 | −2.21% | $20.75 | ₹8,459 | AED 76.20 |
| Jun 8Fri | $645.50 | 0.00% | $20.75 | ₹8,459 | AED 76.20 |
| Jun 10Sun | $654.30 | +1.36% | $21.04 | ₹8,522 | AED 77.24 |
| Jun 11Mon | $648.50 | −0.89% | $20.85 | ₹8,459 | AED 76.56 |
| Jun 12Tue | $648.20 | −0.05% | $20.84 | ₹8,451 | AED 76.52 |
| Jun 13Wed | $651.60 | +0.52% | $20.95 | ₹8,496 | AED 76.92 |
| Jun 14Thu | $654.50 | +0.45% | $21.04 | ₹8,514 | AED 77.27 |
| Jun 15Fri | $654.50 | 0.00% | $21.04 | ₹8,514 | AED 77.27 |
| Jun 17Sun | $655.80 | +0.20% | $21.08 | ₹8,526 | AED 77.42 |
| Jun 18Mon | $660.70 | +0.75% | $21.24 | ₹8,636 | AED 78.00 |
| Jun 19Tue | $656.10 | −0.70% | $21.09 | ₹8,539 | AED 77.46 |
| Jun 20Wed | $650.60 | −0.84% | $20.92 | ₹8,479 | AED 76.81 |
| Jun 21Thu | $653.50 | +0.45% | $21.01 | ₹8,508 | AED 77.14 |
| Jun 22Fri | $653.50 | 0.00% | $21.01 | ₹8,508 | AED 77.14 |
| Jun 24Sun | $651.30 | −0.34% | $20.94 | ₹8,513 | AED 76.89 |
| Jun 25Mon | $642.10 | −1.41% | $20.64 | ₹8,413 | AED 75.80 |
| Jun 26Tue | $641.70 | −0.06% | $20.63 | ₹8,421 | AED 75.76 |
| Jun 27Wed | $647.50 | +0.90% | $20.82 | ₹8,476 | AED 76.44 |
| Jun 28Thu | $648.10 | +0.09% | $20.84 | ₹8,445 | AED 76.51 |
| Jun 29Fri | $648.10 | 0.00% | $20.84 | ₹8,445 | AED 76.51 |
How June usually goes for gold
In the 20 years from 2006 to 2025, gold rose in June 7 times out of 20, with an average move of −0.6% and a median of −1.8%. Every June since 1971 →
Gold in June 2007: FAQ
What was the price of gold in June 2007?
Gold traded between $641.70 and $671.20 per troy ounce (daily closes) in June 2007, averaging $654.10. It closed the month at $648.10.
How much did gold go down in June 2007?
Gold fell 3.4%, from $671.20 to $648.10. The biggest daily rise was +1.4% on June 10, 2007 and the biggest fall −2.2% on June 7, 2007.
What was the gold price on June 1, 2007?
Gold closed at $671.20 per troy ounce on June 1, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,678.
Is June usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in June 7 times out of 20, with an average move of −0.6% and a median of −1.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in June 2007?
Gold fell 2.7% in Indian rupee terms in June 2007, compared with −3.4% in US dollars.
Did gold beat stocks in June 2007?
No. Gold was −3.4% for the month, against −1.7% for the S&P 500 with dividends.
Did gold keep up with inflation in June 2007?
US consumer prices (CPI) changed +0.19% in June, so gold's real (inflation-adjusted) change was about −3.6%.
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{corgano2026goldpriceinjune, author = {{Corgano}}, title = {Gold Price in June 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/june}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}