Distance from the record
This close sat 19.42% 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 20 September 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $580.00 per troy ounce on 20 September 2006, up $3.200 (0.55%) from the previous close of $576.80.
This close sat 19.42% 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 $466.20, making this a +24.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $580.00 per troy ounce on 20 September 2006. That is $3.20 higher than the previous close of $576.80, a move of 0.55%.
The gold price rose on 20 September 2006, gaining $3.20 (0.55%) against the previous session's close of $576.80.
At $580.00 per troy ounce, one gram of pure gold was worth about $18.65 on 20 September 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 September 2006 18k gold was worth about $13.99 per gram and 14k about $10.88 per gram, against $18.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.6 on 20 September 2006, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
A month before 20 September 2006, gold was around $612.10 per troy ounce, so the close of $580.00 is a loss of 5.2% over the month.
A year before 20 September 2006, gold was around $466.20 per troy ounce. The close of $580.00 therefore represents a rise of 24.4% over twelve months.
It closed 19.42% below the highest close on record up to that date, which was set on 2006-05-11.