Gold Price in September 2007
In September 2007, gold rose 10.4%, from $673.00 at the end of August to $742.80 per troy ounce on September 28, 2007. The highest close was $742.80 on September 28, 2007, the lowest $681.70 on September 5, 2007, and the average over 19 trading days was $715.37. Today's price is 421.9% higher than the September 2007 close.
Gold ended September higher. What usually happens in October after a higher September →
- Gold rose 10.4% in US dollars in September 2007, leaving it up 16.9% for the year to date.
- Measured in other currencies, the change ranged from +1.7% in AUD to +10.3% in PKR, because exchange rates moved too.
- It did better than US stocks (+3.7%), and worse than silver (+14.3%).
- It closed higher on 12 trading days and lower on 6, with an average daily move of 0.64%.
- Gold/silver ratio: 55.8 → 53.8.
Gold price chart, September 2007
US dollars per troy ounce · daily closeGold in other currencies, September 2007
| Currency | Change in the month |
|---|---|
| PKR | +10.3% |
| CNY | +9.8% |
| JPY | +9.4% |
| GBP | +8.8% |
| EGP | +8.7% |
| INR | +7.7% |
| ZAR | +6.5% |
| CHF | +6.3% |
| EUR | +5.6% |
| CAD | +4.1% |
| TRY | +2.4% |
| AUD | +1.7% |
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, September 2007
| Asset | Change (USD) |
|---|---|
| Gold | +10.4% |
| Silver | +14.3% |
| S&P 500 (with dividends) | +3.7% |
| US inflation (CPI, month) | +0.28% |
| Gold, year to date (end of September) | +16.9% |
| Gold/silver ratio | 55.8 → 53.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in September 2007
- Friday, September 14Northern Rock receives Bank of England emergency support, triggering a run on the bank. SourceGold: 0.0% that day
Daily Gold Prices, September 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 |
|---|---|---|---|---|---|
| Sep 4Tue | $682.50 | +1.41% | $21.94 | ₹8,960 | AED 80.57 |
| Sep 5Wed | $681.70 | −0.12% | $21.92 | ₹8,893 | AED 80.48 |
| Sep 6Thu | $695.60 | +2.04% | $22.36 | ₹9,022 | AED 82.10 |
| Sep 7Fri | $700.80 | +0.75% | $22.53 | ₹9,089 | AED 82.72 |
| Sep 10Mon | $703.30 | +0.36% | $22.61 | ₹9,125 | AED 83.00 |
| Sep 11Tue | $712.20 | +1.27% | $22.90 | ₹9,221 | AED 84.08 |
| Sep 12Wed | $711.90 | −0.04% | $22.89 | ₹9,237 | AED 84.04 |
| Sep 13Thu | $709.50 | −0.34% | $22.81 | ₹9,189 | AED 83.75 |
| Sep 14Fri | $709.60 | +0.01% | $22.81 | ₹9,191 | AED 83.77 |
| Sep 17Mon | $715.80 | +0.87% | $23.01 | ₹9,255 | AED 84.50 |
| Sep 18Tue | $715.80 | 0.00% | $23.01 | ₹9,213 | AED 84.49 |
| Sep 19Wed | $722.00 | +0.87% | $23.21 | ₹9,196 | AED 85.17 |
| Sep 20Thu | $732.40 | +1.44% | $23.55 | ₹9,365 | AED 86.40 |
| Sep 21Fri | $731.40 | −0.14% | $23.52 | ₹9,352 | AED 86.28 |
| Sep 24Mon | $732.10 | +0.10% | $23.54 | ₹9,335 | AED 86.39 |
| Sep 25Tue | $731.60 | −0.07% | $23.52 | ₹9,322 | AED 86.35 |
| Sep 26Wed | $728.30 | −0.45% | $23.42 | ₹9,285 | AED 85.95 |
| Sep 27Thu | $732.70 | +0.60% | $23.56 | ₹9,323 | AED 86.46 |
| Sep 28Fri | $742.80 | +1.38% | $23.88 | ₹9,451 | AED 87.65 |
How September usually goes for gold
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Every September since 1971 →
Gold in September 2007: FAQ
What was the price of gold in September 2007?
Gold traded between $681.70 and $742.80 per troy ounce (daily closes) in September 2007, averaging $715.37. It closed the month at $742.80.
How much did gold go up in September 2007?
Gold rose 10.4%, from $673.00 to $742.80. The biggest daily rise was +2.0% on September 6, 2007 and the biggest fall −0.5% on September 26, 2007.
What was the gold price on September 4, 2007?
Gold closed at $682.50 per troy ounce on September 4, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,960.
Is September usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in September 2007?
Gold rose 7.7% in Indian rupee terms in September 2007, compared with +10.4% in US dollars.
Did gold beat stocks in September 2007?
Yes. Gold was +10.4% for the month, against +3.7% for the S&P 500 with dividends.
Did gold keep up with inflation in September 2007?
US consumer prices (CPI) changed +0.28% in September, so gold's real (inflation-adjusted) change was about +10.1%.
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{corgano2026goldpriceinseptember, author = {{Corgano}}, title = {Gold Price in September 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/september}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}