Distance from the record
This close sat 19.52% 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 September 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 June 2006
Gold closed at $579.30 per troy ounce on 14 September 2006, down $9.800 (1.66%) from the previous close of $589.10.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 19.52% 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 $449.80, making this a +28.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $579.30 per troy ounce on 14 September 2006. That is $9.80 lower than the previous close of $589.10, a move of -1.66%.
The gold price fell on 14 September 2006, losing $9.80 (1.66%) against the previous session's close of $589.10.
At $579.30 per troy ounce, one gram of pure gold was worth about $18.62 on 14 September 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 September 2006 18k gold was worth about $13.97 per gram and 14k about $10.86 per gram, against $18.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.5 on 14 September 2006, meaning one ounce of gold was worth roughly 53.5 ounces of silver.
A week before 14 September 2006, gold was around $617.00 per troy ounce, so the close of $579.30 is a loss of 6.1% over the week.
A month before 14 September 2006, gold was around $628.50 per troy ounce, so the close of $579.30 is a loss of 7.8% over the month.
A year before 14 September 2006, gold was around $449.80 per troy ounce. The close of $579.30 therefore represents a rise of 28.8% over twelve months.
It closed 19.52% below the highest close on record up to that date, which was set on 2006-05-11.