Distance from the record
This close sat 4.14% below the highest gold close recorded up to that date, set on 2005-12-12.
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This page is a historical record of the gold price in 14 December 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 December 2005
Gold closed at $506.50 per troy ounce on 14 December 2005, down $14.50 (2.78%) from the previous close of $521.00.
Gold lost 2.78% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 4.14% below the highest gold close recorded up to that date, set on 2005-12-12.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $435.90, making this a +16.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $506.50 per troy ounce on 14 December 2005. That is $14.50 lower than the previous close of $521.00, a move of -2.78%.
The gold price fell on 14 December 2005, losing $14.50 (2.78%) against the previous session's close of $521.00.
At $506.50 per troy ounce, one gram of pure gold was worth about $16.28 on 14 December 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 December 2005 18k gold was worth about $12.21 per gram and 14k about $9.50 per gram, against $16.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.5 on 14 December 2005, meaning one ounce of gold was worth roughly 60.5 ounces of silver.
A month before 14 December 2005, gold was around $468.20 per troy ounce, so the close of $506.50 is a gain of 8.2% over the month.
A year before 14 December 2005, gold was around $435.90 per troy ounce. The close of $506.50 therefore represents a rise of 16.2% over twelve months.
It closed 4.14% below the highest close on record up to that date, which was set on 2005-12-12.