Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 2 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $597.70 per troy ounce on 2 October 2006, down $0.900 (0.15%) from the previous close of $598.60.
No earlier session that month closed above this level.
This close sat 16.96% 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 $469.00, making this a +27.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $597.70 per troy ounce on 2 October 2006. That is $0.90 lower than the previous close of $598.60, a move of -0.15%.
The gold price fell on 2 October 2006, losing $0.90 (0.15%) against the previous session's close of $598.60.
At $597.70 per troy ounce, one gram of pure gold was worth about $19.22 on 2 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2006 18k gold was worth about $14.41 per gram and 14k about $11.21 per gram, against $19.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.7 on 2 October 2006, meaning one ounce of gold was worth roughly 51.7 ounces of silver.
A year before 2 October 2006, gold was around $469.00 per troy ounce. The close of $597.70 therefore represents a rise of 27.4% over twelve months.
It closed 16.96% below the highest close on record up to that date, which was set on 2006-05-11.