Gold Price · XAU/USD

October 2007

In October 2007, gold opened at $754.60/oz and closed at $789.50/oz — a move of +4.62% on the month, with a high of $794.55/oz and low of $725.50/oz. Versus October 2006, that's +30.76% year-over-year.

+4.62%

Open

$754.60

Close

$789.50

High

$794.55

Low

$725.50

Avg / oz

$756.86

Close / gram

$25.383

Close / tola

$296.07

October 2007 Daily Gold Chart — XAU/USD

27 trading days
Loading chart…
Daily international XAU/USD spot price across October 2007. Hover any point for the exact close on that trading day. The chart pairs with the month-by-month aggregate above and the daily list below — click any day to drill into a full date page with country-by-country prices.

Price action at the October 2007 close

1-day

+0.79%

vs prior session

7-day

+2.87%

rolling week

30-day

+6.28%

rolling month

YTD

+24.92%

since 1 Jan 2007

Range volatility

9.15%  (high–low ÷ open)

Spread

$69.05 (high − low)

Close in month range

93% (0% = low, 100% = high)

Month-end close fell on trading day 262 of 315 for 2007 — roughly 83% of the way through the year.

All unit conversions at October 2007 close

UnitWeightClosing USD price
Troy ounce31.1035 g$789.50
Gram1.0000 g$25.383
10 grams10 g$253.83
Kilogram1,000 g$25,383.00
Tola11.664 g$296.07
Pavan≈ 7.776 g$197.38
All non-ounce values derived from $789.50/oz at the October 2007 close, using fixed weight constants (1 oz = 31.1035 g; 1 tola = 11.664 g; 1 pavan ≈ 7.776 g). Pure metal value only — excludes local taxes, dealer premiums and making charges.

October compared year-over-year (2007 vs 2006 vs 2005 vs 2004)

XAU/USD per oz
MonthOpenCloseHighLowMoM %
October 2007this page$754.60$789.50$794.55$725.50+4.62%
October 2006$585.78$603.80$611.05$560.80+3.08%
October 2005$469.90$470.80$478.70$462.90+0.19%
October 2004$420.46$430.40$430.60$411.30+2.36%
October 2007 closed at $789.50/oz +30.76% year-over-year vs October 2006's close of $603.80/oz. Click any row to open that month's full archive with daily list and country tables.

Daily Gold Price — October 2007

01Oct 1, 2007

$754.60

$24.26/g · $282.98/tola

02Oct 2, 2007

$731.00

$23.50/g · $274.13/tola

03Oct 3, 2007

$730.30

$23.48/g · $273.87/tola

04Oct 4, 2007

$725.50

$23.33/g · $272.07/tola

05Oct 5, 2007

$737.00

$23.70/g · $276.38/tola

07Oct 7, 2007

$742.85

$23.88/g · $278.57/tola

08Oct 8, 2007

$733.80

$23.59/g · $275.18/tola

09Oct 9, 2007

$736.00

$23.66/g · $276.00/tola

10Oct 10, 2007

$741.30

$23.83/g · $277.99/tola

11Oct 11, 2007

$749.00

$24.08/g · $280.88/tola

12Oct 12, 2007

$749.50

$24.10/g · $281.07/tola

14Oct 14, 2007

$760.30

$24.44/g · $285.12/tola

15Oct 15, 2007

$758.90

$24.40/g · $284.59/tola

16Oct 16, 2007

$756.80

$24.33/g · $283.80/tola

17Oct 17, 2007

$762.50

$24.51/g · $285.94/tola

18Oct 18, 2007

$764.20

$24.57/g · $286.58/tola

19Oct 19, 2007

$763.00

$24.53/g · $286.13/tola

21Oct 21, 2007

$769.10

$24.73/g · $288.42/tola

22Oct 22, 2007

$751.30

$24.15/g · $281.74/tola

23Oct 23, 2007

$758.30

$24.38/g · $284.37/tola

24Oct 24, 2007

$757.50

$24.35/g · $284.07/tola

25Oct 25, 2007

$767.50

$24.68/g · $287.82/tola

26Oct 26, 2007

$779.20

$25.05/g · $292.20/tola

28Oct 28, 2007

$794.55

$25.55/g · $297.96/tola

29Oct 29, 2007

$788.50

$25.35/g · $295.69/tola

30Oct 30, 2007

$783.30

$25.18/g · $293.74/tola

31Oct 31, 2007

$789.50

$25.38/g · $296.07/tola

Gold price in October 2007: detailed overview

This archive records the international XAU/USD spot price for every trading day of October 2007, sourced from gold-api.com's continuous historical series. Each row shows the XAU/USD spot price alongside per-gram and per-tola conversions — useful for researching historical transaction or estate values from October 2007.

The headline numbers: gold opened October 2007 at $754.60/oz and closed at $789.50/oz — a move of +4.62% on the month. Within that period, the price visited a low of $725.50/oz and a high of $794.55/oz, with an average of $756.86/oz across 27 trading sessions. The intra-month range volatility — the high-to-low spread divided by the open — was 9.15%, which gives a sense of how active or quiet trading was.

Stepping back to the 2007 annual archive: at the October 2007 close, gold was +24.92% year-to-date versus the 1 January open of $632.00/oz. The final session moved +0.79% from the prior close. The trailing trading-week return was +2.87%. Across the prior ~30 trading sessions, gold delivered +6.28%.

How to read the October 2007 archive

Open vs Close vs High vs Low. Open is the close on the first trading day of October 2007; Close is the final session of the month. High and Low are the absolute extremes from any trading day in the month — they often happen mid-month, not at the bookends. The green or red badge near the top of the page tells you immediately whether Close beat Open.

Average price. The Avg/oz figure is a simple arithmetic mean of every daily close in October 2007. Insurers, accountants and tax authorities sometimes use a monthly average rather than a spot price for valuation work. Use the average-rate calculator if you need a custom averaging window.

Per-gram and per-tola conversions. Every USD/oz figure is paired with per-gram and per-tola equivalents. We use 31.1035 g per troy ounce and 11.664 g per tola — the international and South Asian retail standards. These are pure metal values and exclude local taxes, dealer premiums and making charges.

Daily list and date drill-downs. Each row in the list above opens a full date page showing the same price across PKR, INR, AED, SAR, GBP, EUR and 100+ other currencies, with 24K, 22K, 21K and 18K purity breakdowns.

Rolling vs calendar-month numbers. The Price-action panel shows rolling-window stats anchored at the month-end close — 1-day, 7-day, 30-day and YTD. These differ from the calendar-month MoM badge: the badge compares Open to Close within October 2007, while rolling stats look back from the last trading day regardless of month boundaries.

How researchers and investors use this archive

Estate, inheritance & cost basis. Gold purchased in October 2007can be valued today against this archive's monthly average or month-end close, whichever your jurisdiction or accountant prefers. Capital gain = (today's live per-gram price October 2007's per-gram cost basis) × weight in grams. Use the average-rate calculator to apply a custom period average.

Macro & monetary research. Use the October 2007 averages as a comparable XAU/USD reference point when pairing gold with concurrent CPI prints, central-bank rate decisions, or crude oil moves. The interactive historical chart lets you overlay multiple years and zoom from 1-month to 50-year windows for broader cycle context.

Strategy backtesting. The daily series for October 2007 supports dollar-cost-averaging, breakout and momentum backtests at 1-day granularity. Chain multiple 2007 month archives or step across years to build multi-year evaluation windows without a data terminal subscription.

Reference & teaching. October 2007 prices are commonly cited in finance and economics syllabi. Goldify Pro publishes a single canonical XAU/USD figure — no commercial premiums or local-market noise — alongside a full suite of tola, gram and karat converters for South Asian, East Asian and Western weight standards.

Methodology & data sources

Source. Daily XAU/USD spot prices come from gold-api.com's historical archive. Each data point is the international gold spot price quoted in US dollars per troy ounce at the London PM benchmark window. We never adjust the published number — what you see is the source figure.

Aggregation. Monthly statistics (open, close, high, low, average, percentage change) are computed deterministically from the 27-point daily series for October 2007. Missing days (weekends, market holidays) are simply skipped — never estimated or interpolated — which is why some weeks contain fewer than five entries. See the 2007 annual archive for all months together.

Per-unit conversions. Every non-ounce price on the page is derived from the per-ounce figure using fixed weight constants: price/g = price/oz ÷ 31.1035 and price/tola = price/g × 11.664. We never compound rounding errors through intermediate units. The full Gold Guide explains all weight standards used globally.

Rolling-window stats. The 1-day, 7-day and 30-day moves in the Price-action panel are anchored at the October 2007closing trading day and look back through the year's full daily series — they don't restart at the month boundary. We use ~5 trading days for a calendar week and ~21 for a calendar month, the standard market convention.

Local-currency conversions. Country-by-country prices on the per-day pages are computed from the same XAU/USD figure, multiplied by the daily exchange rate from exchangerate-api. FX data extends back to 1 January 1990, which is why the site offers 1990-onwards monthly archives alongside USD-only archives for 1970–1989. Check live gold prices in 100+ currencies for today's equivalent.

Frequently Asked Questions — October 2007

What was the gold price in October 2007?

Gold opened October 2007 at $754.60/oz and closed at $789.50/oz — a move of +4.62% on the month. The intraday range spanned from $725.50/oz at the lowest to $794.55/oz at the highest.

What was the highest gold price in October 2007?

The highest XAU/USD print during October 2007 was approximately $794.55/oz on the international spot market.

What was the lowest gold price in October 2007?

The lowest XAU/USD print during October 2007 was approximately $725.50/oz.

How is the per-tola price calculated for October 2007?

The per-tola figure derives from the per-ounce price using fixed weight constants. We divide the per-ounce price by 31.1035 to get a per-gram value, then multiply by 11.664 (the South Asian tola standard). For October 2007 that gives $296.07 per tola at the month-end close.

Did gold rise or fall in October 2007?

Gold gained +4.62% during October 2007. A positive monthly change means the price closed higher than it opened. Year-to-date through the end of October, gold was +24.92%.

What this means today

From October 2007 to today. At the close of October 2007, gold was $789.50/oz. The current international spot price is approximately $4,127.60/oz — that's up 422.8% over the period. If you're researching this month for a cost-basis or estate calculation, that delta is the relevant capital-gain figure (before currency conversion and local taxes). Use the average-rate calculator to apply a custom period average.

How to read this trend. One-month numbers are a snapshot, not a trend. To assess whether the month's move was unusually large or within the normal range, pair this archive with longer-period charts on the interactive historical analysis page — the 12-month and 5-year views give two reasonable baseline windows.

Want the full year? See the 2007 annual archive with all month-by-month breakdowns, the full-year chart and country tables. For a longer view, the interactive historical analysis page plots the entire 1970-onwards XAU/USD series on a single zoomable canvas.

Different month? Use the prev / next buttons above to step through neighbouring months, or jump directly to any year and month. Daily archives cover every trading session from January 1990 onwards, with USD-only archives extending back to January 1970.

Need today's rate? Check live gold prices in 100+ countries or use our tola, gram and karat calculators. Country-specific live pages for Pakistan, India and the UAE publish daily local rates updated every minute.

Historical Unit Breakdown

Gold Price in Every Weight Unit — October 2007

International XAU/USD gold closed the month at $789.50 per troy ounce during this month, equivalent to $25.38 per gram. The table below converts that reference value into every major regional gold weight unit — from the South Asian Tola, Masha and Rattito Bangladesh's Vori, Thailand's Baht, Vietnam's Lượng, Iran's Mesghal, and the Chinese Tael, Mace and Candareen.

South Asian

5 units
UnitWeightPrice (USD)

1 Tolaتولا · तोला

Pakistan, India, Nepal

11.664 g$296.07

1 Mashaماشہ

1/12 Tola

0.972 g$24.67

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$3.08

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$296.07

1 Ana (Anna)আনা

1/16 Vori

0.729 g$18.50

Metric & Global

3 units
UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$25.38

1 Kilogramkg

Bulk trade

1,000 g$25,383

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$789.50

East & Southeast Asian

6 units
UnitWeightPrice (USD)

1 HK Tael

Hong Kong, Macau

37.429 g$950.06

1 CN Tael

Mainland China

31.25 g$793.22

1 Mace

1/10 HK Tael

3.7429 g$95.01

1 Candareen

1/100 HK Tael

0.37429 g$9.50

1 Bahtบาท

Thailand

15.244 g$386.94

1 Luong (Lượng)lượng

Vietnam

37.5 g$951.86

Middle Eastern

2 units
UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$116.97

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$107.88

Imperial & Western

2 units
UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$39.47

1 Graingr

1/480 Troy Oz

0.064799 g$1.64

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate during this month ($789.50/oz) using fixed weight constants — 1 troy ounce = 31.1035 g, 1 tola = 11.664 g, 1 baht = 15.244 g, 1 lượng = 37.5 g, 1 mesghal = 4.6083 g, and so on. These multipliers are mathematical, not market estimates, so the conversions are exact.

Prices are shown in US dollars only. Historical local-currency gold rates depended on the exchange rate at the time (October 2007 rates for PKR, INR, AED and others were materially different from today). For an accurate same-date local-currency value, see the country-specific archive link below this section when available.

The figures are pure metal value at international parity — they do not include the import duty, VAT/GST, jeweller making charges, or dealer margin that would have applied at retail counters during this month. For wedding-jewellery or coin pricing context, retail in 22K commonly added 5–15% on top of the spot value shown here.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period and are intended for informational and educational use only. They do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer before transacting.