Distance from the record
This close sat 3.90% below the highest gold close recorded up to that date, set on 2006-02-02.
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This page is a historical record of the gold price in 10 February 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $550.20 per troy ounce on 10 February 2006, down $14.30 (2.53%) from the previous close of $564.50.
Gold lost 2.53% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 3.90% below the highest gold close recorded up to that date, set on 2006-02-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $417.20, making this a +31.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $550.20 per troy ounce on 10 February 2006. That is $14.30 lower than the previous close of $564.50, a move of -2.53%.
The gold price fell on 10 February 2006, losing $14.30 (2.53%) against the previous session's close of $564.50.
At $550.20 per troy ounce, one gram of pure gold was worth about $17.69 on 10 February 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 February 2006 18k gold was worth about $13.27 per gram and 14k about $10.32 per gram, against $17.69 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.8 on 10 February 2006, meaning one ounce of gold was worth roughly 58.8 ounces of silver.
A week before 10 February 2006, gold was around $567.40 per troy ounce, so the close of $550.20 is a loss of 3.0% over the week.
A year before 10 February 2006, gold was around $417.20 per troy ounce. The close of $550.20 therefore represents a rise of 31.9% over twelve months.
It closed 3.90% below the highest close on record up to that date, which was set on 2006-02-02.