Distance from the record
This close sat 4.76% below the highest gold close recorded up to that date, set on 2006-03-01.
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This page is a historical record of the gold price in 17 March 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $554.10 per troy ounce on 17 March 2006, down $0.300 (0.05%) from the previous close of $554.40.
Gold barely moved, closing within 0.05% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 4.76% 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 $438.70, making this a +26.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $554.10 per troy ounce on 17 March 2006. That is $0.30 lower than the previous close of $554.40, a move of -0.05%.
The gold price fell on 17 March 2006, losing $0.30 (0.05%) against the previous session's close of $554.40.
At $554.10 per troy ounce, one gram of pure gold was worth about $17.81 on 17 March 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 March 2006 18k gold was worth about $13.36 per gram and 14k about $10.39 per gram, against $17.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.8 on 17 March 2006, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A week before 17 March 2006, gold was around $539.90 per troy ounce, so the close of $554.10 is a gain of 2.6% over the week.
A year before 17 March 2006, gold was around $438.70 per troy ounce. The close of $554.10 therefore represents a rise of 26.3% over twelve months.
It closed 4.76% below the highest close on record up to that date, which was set on 2006-03-01.