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Lowest closing price since 1 September 2006
Gold closed at $635.20 per troy ounce on 1 December 2006, down $11.70 (1.81%) from the previous close of $646.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $517.10, making this a +22.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $635.20 per troy ounce on 1 December 2006. That is $11.70 lower than the previous close of $646.90, a move of -1.81%.
The gold price fell on 1 December 2006, losing $11.70 (1.81%) against the previous session's close of $646.90.
At $635.20 per troy ounce, one gram of pure gold was worth about $20.42 on 1 December 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2006 18k gold was worth about $15.32 per gram and 14k about $11.91 per gram, against $20.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.6 on 1 December 2006, meaning one ounce of gold was worth roughly 49.6 ounces of silver.
A week before 1 December 2006, gold was around $646.90 per troy ounce, so the close of $635.20 is a loss of 1.8% over the week.
A month before 1 December 2006, gold was around $646.90 per troy ounce, so the close of $635.20 is a loss of 1.8% over the month.
A year before 1 December 2006, gold was around $517.10 per troy ounce. The close of $635.20 therefore represents a rise of 22.8% over twelve months.