Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 14 August 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 August 2006
Gold closed at $628.50 per troy ounce on 14 August 2006, down $5.000 (0.79%) from the previous close of $633.50.
This close extended a run of 3 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 12.68% 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 $445.90, making this a +40.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $628.50 per troy ounce on 14 August 2006. That is $5.00 lower than the previous close of $633.50, a move of -0.79%.
The gold price fell on 14 August 2006, losing $5.00 (0.79%) against the previous session's close of $633.50.
At $628.50 per troy ounce, one gram of pure gold was worth about $20.21 on 14 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 August 2006 18k gold was worth about $15.16 per gram and 14k about $11.79 per gram, against $20.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 14 August 2006, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A week before 14 August 2006, gold was around $647.80 per troy ounce, so the close of $628.50 is a loss of 3.0% over the week.
A month before 14 August 2006, gold was around $666.60 per troy ounce, so the close of $628.50 is a loss of 5.7% over the month.
A year before 14 August 2006, gold was around $445.90 per troy ounce. The close of $628.50 therefore represents a rise of 41.0% over twelve months.
This close was session 3 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 12.68% below the highest close on record up to that date, which was set on 2006-05-11.