Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 12 July 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 30 May 2006
Gold closed at $649.40 per troy ounce on 12 July 2006, up $8.200 (1.28%) from the previous close of $641.20.
No earlier session that month closed above this level.
This close sat 9.78% 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 $426.30, making this a +52.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $649.40 per troy ounce on 12 July 2006. That is $8.20 higher than the previous close of $641.20, a move of 1.28%.
The gold price rose on 12 July 2006, gaining $8.20 (1.28%) against the previous session's close of $641.20.
At $649.40 per troy ounce, one gram of pure gold was worth about $20.88 on 12 July 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 July 2006 18k gold was worth about $15.66 per gram and 14k about $12.18 per gram, against $20.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.6 on 12 July 2006, meaning one ounce of gold was worth roughly 56.6 ounces of silver.
A week before 12 July 2006, gold was around $627.30 per troy ounce, so the close of $649.40 is a gain of 3.5% over the week.
A month before 12 July 2006, gold was around $606.80 per troy ounce, so the close of $649.40 is a gain of 7.0% over the month.
A year before 12 July 2006, gold was around $426.30 per troy ounce. The close of $649.40 therefore represents a rise of 52.3% over twelve months.
It closed 9.78% below the highest close on record up to that date, which was set on 2006-05-11.