Distance from the record
This close sat 11.99% 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 11 August 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 August 2006
Gold closed at $633.50 per troy ounce on 11 August 2006, down $1.400 (0.22%) from the previous close of $634.90.
This close sat 11.99% 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 $445.50, making this a +42.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $633.50 per troy ounce on 11 August 2006. That is $1.40 lower than the previous close of $634.90, a move of -0.22%.
The gold price fell on 11 August 2006, losing $1.40 (0.22%) against the previous session's close of $634.90.
At $633.50 per troy ounce, one gram of pure gold was worth about $20.37 on 11 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 August 2006 18k gold was worth about $15.28 per gram and 14k about $11.88 per gram, against $20.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.4 on 11 August 2006, meaning one ounce of gold was worth roughly 53.4 ounces of silver.
A year before 11 August 2006, gold was around $445.50 per troy ounce. The close of $633.50 therefore represents a rise of 42.2% over twelve months.
It closed 11.99% below the highest close on record up to that date, which was set on 2006-05-11.