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 16 February 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $546.00 per troy ounce on 16 February 2006, up $6.300 (1.17%) from the previous close of $539.70.
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 was the strongest close of the week up to that point.
This close sat 4.63% below the highest gold close recorded up to that date, set on 2006-02-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $425.50, making this a +28.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $546.00 per troy ounce on 16 February 2006. That is $6.30 higher than the previous close of $539.70, a move of 1.17%.
The gold price rose on 16 February 2006, gaining $6.30 (1.17%) against the previous session's close of $539.70.
At $546.00 per troy ounce, one gram of pure gold was worth about $17.55 on 16 February 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 February 2006 18k gold was worth about $13.17 per gram and 14k about $10.24 per gram, against $17.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.3 on 16 February 2006, meaning one ounce of gold was worth roughly 58.3 ounces of silver.
A week before 16 February 2006, gold was around $564.50 per troy ounce, so the close of $546.00 is a loss of 3.3% over the week.
A year before 16 February 2006, gold was around $425.50 per troy ounce. The close of $546.00 therefore represents a rise of 28.3% over twelve months.
It closed 4.63% below the highest close on record up to that date, which was set on 2006-02-02.