Distance from the record
This close sat 12.70% below the highest gold close recorded up to that date, set on 2006-05-11.
This page is a historical record of the gold price in 10 November 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $628.40 per troy ounce on 10 November 2006, down $6.600 (1.04%) from the previous close of $635.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 12.70% below the highest gold close recorded up to that date, set on 2006-05-11.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $466.60, making this a +34.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $628.40 per troy ounce on 10 November 2006. That is $6.60 lower than the previous close of $635.00, a move of -1.04%.
The gold price fell on 10 November 2006, losing $6.60 (1.04%) against the previous session's close of $635.00.
At $628.40 per troy ounce, one gram of pure gold was worth about $20.20 on 10 November 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 November 2006 18k gold was worth about $15.15 per gram and 14k about $11.79 per gram, against $20.20 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.1 on 10 November 2006, meaning one ounce of gold was worth roughly 48.1 ounces of silver.
A month before 10 November 2006, gold was around $571.90 per troy ounce, so the close of $628.40 is a gain of 9.9% over the month.
A year before 10 November 2006, gold was around $466.60 per troy ounce. The close of $628.40 therefore represents a rise of 34.7% over twelve months.
It closed 12.70% below the highest close on record up to that date, which was set on 2006-05-11.