Loading…
Lowest closing price since 1 June 2006
Gold closed at $625.90 per troy ounce on 1 August 2006, down $8.300 (1.31%) from the previous close of $634.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $433.80, making this a +44.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $625.90 per troy ounce on 1 August 2006. That is $8.30 lower than the previous close of $634.20, a move of -1.31%.
The gold price fell on 1 August 2006, losing $8.30 (1.31%) against the previous session's close of $634.20.
At $625.90 per troy ounce, one gram of pure gold was worth about $20.12 on 1 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2006 18k gold was worth about $15.09 per gram and 14k about $11.74 per gram, against $20.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.5 on 1 August 2006, meaning one ounce of gold was worth roughly 48.5 ounces of silver.
A week before 1 August 2006, gold was around $634.20 per troy ounce, so the close of $625.90 is a loss of 1.3% over the week.
A month before 1 August 2006, gold was around $634.20 per troy ounce, so the close of $625.90 is a loss of 1.3% over the month.
A year before 1 August 2006, gold was around $433.80 per troy ounce. The close of $625.90 therefore represents a rise of 44.3% over twelve months.