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Highest closing price since 1 May 2006
Gold closed at $634.20 per troy ounce on 1 July 2006, up $20.70 (3.37%) from the previous close of $613.50.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $429.90, making this a +47.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $634.20 per troy ounce on 1 July 2006. That is $20.70 higher than the previous close of $613.50, a move of 3.37%.
The gold price rose on 1 July 2006, gaining $20.70 (3.37%) against the previous session's close of $613.50.
At $634.20 per troy ounce, one gram of pure gold was worth about $20.39 on 1 July 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 July 2006 18k gold was worth about $15.29 per gram and 14k about $11.89 per gram, against $20.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.0 on 1 July 2006, meaning one ounce of gold was worth roughly 56.0 ounces of silver.
A week before 1 July 2006, gold was around $613.50 per troy ounce, so the close of $634.20 is a gain of 3.4% over the week.
A month before 1 July 2006, gold was around $613.50 per troy ounce, so the close of $634.20 is a gain of 3.4% over the month.
A year before 1 July 2006, gold was around $429.90 per troy ounce. The close of $634.20 therefore represents a rise of 47.5% over twelve months.