standard gauge reads in mmHg x100
So 7 on the gauge = 700 mmHg = 13.54 psi = 0.9333 bar
If it's going past the 7 then you have no idea and might even have a pipe of somewhere allowing it to run unlimited boost. The motor will not last very long like this!
Check all your pipes are connected as per:
Then work out how the previous owner(s) have increased the boost and fit an aftermarket boost gauge.
I wouldn't rag it until you definitely know what boost it's running, it could end up being very very expensive.
Cheers
Graham