Distance from the record
This close sat 12.24% below the highest gold close recorded up to that date, set on 2006-05-11.
Loading…
This page is a historical record of the gold price in 20 July 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $631.70 per troy ounce on 20 July 2006, down $9.900 (1.54%) from the previous close of $641.60.
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.
This close sat 12.24% 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 $421.70, making this a +49.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $631.70 per troy ounce on 20 July 2006. That is $9.90 lower than the previous close of $641.60, a move of -1.54%.
The gold price fell on 20 July 2006, losing $9.90 (1.54%) against the previous session's close of $641.60.
At $631.70 per troy ounce, one gram of pure gold was worth about $20.31 on 20 July 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 July 2006 18k gold was worth about $15.23 per gram and 14k about $11.85 per gram, against $20.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.4 on 20 July 2006, meaning one ounce of gold was worth roughly 57.4 ounces of silver.
A week before 20 July 2006, gold was around $652.90 per troy ounce, so the close of $631.70 is a loss of 3.2% over the week.
A month before 20 July 2006, gold was around $576.90 per troy ounce, so the close of $631.70 is a gain of 9.5% over the month.
A year before 20 July 2006, gold was around $421.70 per troy ounce. The close of $631.70 therefore represents a rise of 49.8% over twelve months.
It closed 12.24% below the highest close on record up to that date, which was set on 2006-05-11.