Distance from the record
This close sat 20.55% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 10 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $571.90 per troy ounce on 10 October 2006, down $6.500 (1.12%) from the previous close of $578.40.
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 20.55% 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 $475.10, making this a +20.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $571.90 per troy ounce on 10 October 2006. That is $6.50 lower than the previous close of $578.40, a move of -1.12%.
The gold price fell on 10 October 2006, losing $6.50 (1.12%) against the previous session's close of $578.40.
At $571.90 per troy ounce, one gram of pure gold was worth about $18.39 on 10 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 October 2006 18k gold was worth about $13.79 per gram and 14k about $10.73 per gram, against $18.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.4 on 10 October 2006, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A month before 10 October 2006, gold was around $609.60 per troy ounce, so the close of $571.90 is a loss of 6.2% over the month.
A year before 10 October 2006, gold was around $475.10 per troy ounce. The close of $571.90 therefore represents a rise of 20.4% over twelve months.
It closed 20.55% below the highest close on record up to that date, which was set on 2006-05-11.