Distance from the record
This close sat 12.95% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 14 December 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $626.60 per troy ounce on 14 December 2006, down $1.300 (0.21%) from the previous close of $627.90.
This close sat 12.95% 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 $506.50, making this a +23.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $626.60 per troy ounce on 14 December 2006. That is $1.30 lower than the previous close of $627.90, a move of -0.21%.
The gold price fell on 14 December 2006, losing $1.30 (0.21%) against the previous session's close of $627.90.
At $626.60 per troy ounce, one gram of pure gold was worth about $20.15 on 14 December 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 December 2006 18k gold was worth about $15.11 per gram and 14k about $11.75 per gram, against $20.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 45.5 on 14 December 2006, meaning one ounce of gold was worth roughly 45.5 ounces of silver.
A year before 14 December 2006, gold was around $506.50 per troy ounce. The close of $626.60 therefore represents a rise of 23.7% over twelve months.
It closed 12.95% below the highest close on record up to that date, which was set on 2006-05-11.