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 15 March 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $553.10 per troy ounce on 15 March 2006, up $1.400 (0.25%) from the previous close of $551.70.
This close extended a run of 3 consecutive sessions of gains. 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 4.93% below the highest gold close recorded up to that date, set on 2006-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $440.90, making this a +25.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $553.10 per troy ounce on 15 March 2006. That is $1.40 higher than the previous close of $551.70, a move of 0.25%.
The gold price rose on 15 March 2006, gaining $1.40 (0.25%) against the previous session's close of $551.70.
At $553.10 per troy ounce, one gram of pure gold was worth about $17.78 on 15 March 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 March 2006 18k gold was worth about $13.34 per gram and 14k about $10.37 per gram, against $17.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.8 on 15 March 2006, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A year before 15 March 2006, gold was around $440.90 per troy ounce. The close of $553.10 therefore represents a rise of 25.4% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.93% below the highest close on record up to that date, which was set on 2006-03-01.