Distance from the record
This close sat 20.49% below the highest gold close recorded up to that date, set on 2006-05-11.
Loading…
This page is a historical record of the gold price in 11 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $572.30 per troy ounce on 11 October 2006, up $0.400 (0.07%) from the previous close of $571.90.
Gold barely moved, closing within 0.07% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 20.49% 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 $477.10, making this a +19.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $572.30 per troy ounce on 11 October 2006. That is $0.40 higher than the previous close of $571.90, a move of 0.07%.
The gold price rose on 11 October 2006, gaining $0.40 (0.07%) against the previous session's close of $571.90.
At $572.30 per troy ounce, one gram of pure gold was worth about $18.40 on 11 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 October 2006 18k gold was worth about $13.80 per gram and 14k about $10.73 per gram, against $18.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.9 on 11 October 2006, meaning one ounce of gold was worth roughly 50.9 ounces of silver.
A year before 11 October 2006, gold was around $477.10 per troy ounce. The close of $572.30 therefore represents a rise of 20.0% over twelve months.
It closed 20.49% below the highest close on record up to that date, which was set on 2006-05-11.