Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 19 October 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 28 September 2006
Gold closed at $599.00 per troy ounce on 19 October 2006, up $10.10 (1.72%) from the previous close of $588.90.
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.
No earlier session that month closed above this level.
This close sat 16.78% 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 $463.50, making this a +29.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $599.00 per troy ounce on 19 October 2006. That is $10.10 higher than the previous close of $588.90, a move of 1.72%.
The gold price rose on 19 October 2006, gaining $10.10 (1.72%) against the previous session's close of $588.90.
At $599.00 per troy ounce, one gram of pure gold was worth about $19.26 on 19 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 October 2006 18k gold was worth about $14.44 per gram and 14k about $11.23 per gram, against $19.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.6 on 19 October 2006, meaning one ounce of gold was worth roughly 49.6 ounces of silver.
A week before 19 October 2006, gold was around $576.30 per troy ounce, so the close of $599.00 is a gain of 3.9% over the week.
A year before 19 October 2006, gold was around $463.50 per troy ounce. The close of $599.00 therefore represents a rise of 29.2% over twelve months.
It closed 16.78% below the highest close on record up to that date, which was set on 2006-05-11.