Gold Price in 2007

MONTHLY AVERAGES, US DOLLARS PER TROY OUNCE.


$697 average per troy oz in 2007

The highest month of 2007 was November at $806. The lowest was January at $631. The 2007 average was +15.26% compared with the 2006 average ($604). From January to December the monthly average moved +27.26%.

Average$697
Highest month$806
Lowest month$631
Per gram, average$22.40
By month

Gold price by month, 2007

MonthAverage per ozChange from prior month
January (low) $631 +0.16%
February $665 +5.39%
March $655 −1.50%
April $679 +3.66%
May $667 −1.77%
June $656 −1.65%
July $665 +1.37%
August $665 0.00%
September $713 +7.22%
October $755 +5.89%
November (high) $806 +6.75%
December $803 −0.37%

Each figure is the average of the daily prices in that month, so the high and low are the highest and lowest monthly averages, not the highest and lowest price on a single day.

Inflation context

2007 price in 2025 dollars

A $697 average in 2007 equals about $1,082 in 2025 dollars, using the consumer price index (CPI-U). For comparison, the gold price today is shown on the live gold price page.

Inflation data: U.S. Bureau of Labor Statistics, CPI-U all items, U.S. city average (series CUUR0000SA0), annual average, from the U.S. Bureau of Labor Statistics. The adjustment reflects general consumer prices only.

Other years

Gold price in other years

2006 2008   Gold price by year, 1960 to 2025

Questions

Quick answers

What was the price of gold in 2007?

The monthly average gold price in 2007 was $697 per troy ounce (the mean of the 12 monthly averages). The highest month was November at $806. The lowest was January at $631.

What was the gold price per gram in 2007?

$22.40 per gram on average in 2007, which is the ounce price divided by 31.1035.

What is the 2007 gold price in today's dollars?

Using the U.S. consumer price index (CPI-U), an average 2007 price of $697 equals about $1,082 in 2025 dollars. This only adjusts for general consumer prices. It says nothing about what gold was worth to a buyer at the time.

Where does this data come from?

Monthly averages are from the World Bank Commodity Price Data (the Pink Sheet), published under CC BY 4.0. Prices are monthly averages, not daily highs and lows, and the World Bank publishes them rounded.

Source: The World Bank, Commodity Price Data (The Pink Sheet), October 2026 release, CC BY 4.0. worldbank.org. Historical prices are for information, not a quote.