Distance from the record
This close sat 10.86% 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 19 July 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $641.60 per troy ounce on 19 July 2006, up $13.30 (2.12%) from the previous close of $628.30.
This was a 2.12% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 10.86% 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 $419.70, making this a +52.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $641.60 per troy ounce on 19 July 2006. That is $13.30 higher than the previous close of $628.30, a move of 2.12%.
The gold price rose on 19 July 2006, gaining $13.30 (2.12%) against the previous session's close of $628.30.
At $641.60 per troy ounce, one gram of pure gold was worth about $20.63 on 19 July 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 July 2006 18k gold was worth about $15.47 per gram and 14k about $12.03 per gram, against $20.63 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.0 on 19 July 2006, meaning one ounce of gold was worth roughly 58.0 ounces of silver.
A month before 19 July 2006, gold was around $568.80 per troy ounce, so the close of $641.60 is a gain of 12.8% over the month.
A year before 19 July 2006, gold was around $419.70 per troy ounce. The close of $641.60 therefore represents a rise of 52.9% over twelve months.
It closed 10.86% below the highest close on record up to that date, which was set on 2006-05-11.