Distance from the record
This close sat 2.34% below the highest gold close recorded up to that date, set on 2006-03-01.
Loading…
This page is a historical record of the gold price in 2 March 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $568.20 per troy ounce on 2 March 2006, down $13.60 (2.34%) from the previous close of $581.80.
Gold lost 2.34% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 2.34% 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 $432.80, making this a +31.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $568.20 per troy ounce on 2 March 2006. That is $13.60 lower than the previous close of $581.80, a move of -2.34%.
The gold price fell on 2 March 2006, losing $13.60 (2.34%) against the previous session's close of $581.80.
At $568.20 per troy ounce, one gram of pure gold was worth about $18.27 on 2 March 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 March 2006 18k gold was worth about $13.70 per gram and 14k about $10.66 per gram, against $18.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.1 on 2 March 2006, meaning one ounce of gold was worth roughly 56.1 ounces of silver.
A week before 2 March 2006, gold was around $548.40 per troy ounce, so the close of $568.20 is a gain of 3.6% over the week.
A year before 2 March 2006, gold was around $432.80 per troy ounce. The close of $568.20 therefore represents a rise of 31.3% over twelve months.
It closed 2.34% below the highest close on record up to that date, which was set on 2006-03-01.