Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 12 June 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 April 2006
Gold closed at $606.80 per troy ounce on 12 June 2006, down $1.400 (0.23%) from the previous close of $608.20.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 15.70% 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 $427.40, making this a +41.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $606.80 per troy ounce on 12 June 2006. That is $1.40 lower than the previous close of $608.20, a move of -0.23%.
The gold price fell on 12 June 2006, losing $1.40 (0.23%) against the previous session's close of $608.20.
At $606.80 per troy ounce, one gram of pure gold was worth about $19.51 on 12 June 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2006 18k gold was worth about $14.63 per gram and 14k about $11.38 per gram, against $19.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.0 on 12 June 2006, meaning one ounce of gold was worth roughly 55.0 ounces of silver.
A week before 12 June 2006, gold was around $643.20 per troy ounce, so the close of $606.80 is a loss of 5.7% over the week.
A month before 12 June 2006, gold was around $710.30 per troy ounce, so the close of $606.80 is a loss of 14.6% over the month.
A year before 12 June 2006, gold was around $427.40 per troy ounce. The close of $606.80 therefore represents a rise of 42.0% over twelve months.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 15.70% below the highest close on record up to that date, which was set on 2006-05-11.