Distance from the record
This close sat 13.66% 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 17 November 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $621.50 per troy ounce on 17 November 2006, up $0.900 (0.15%) from the previous close of $620.60.
Gold barely moved, closing within 0.15% 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 13.66% 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 $486.20, making this a +27.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $621.50 per troy ounce on 17 November 2006. That is $0.90 higher than the previous close of $620.60, a move of 0.15%.
The gold price rose on 17 November 2006, gaining $0.90 (0.15%) against the previous session's close of $620.60.
At $621.50 per troy ounce, one gram of pure gold was worth about $19.98 on 17 November 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 November 2006 18k gold was worth about $14.99 per gram and 14k about $11.66 per gram, against $19.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.6 on 17 November 2006, meaning one ounce of gold was worth roughly 48.6 ounces of silver.
A month before 17 November 2006, gold was around $589.70 per troy ounce, so the close of $621.50 is a gain of 5.4% over the month.
A year before 17 November 2006, gold was around $486.20 per troy ounce. The close of $621.50 therefore represents a rise of 27.8% over twelve months.
It closed 13.66% below the highest close on record up to that date, which was set on 2006-05-11.