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Gold ranged between $561.60 and $651.80 per troy ounce during 2006, averaging $619.20 across 10 trading days. It finished the period at $635.20, up 22.84% from $517.10.
Metal value only, before dealer margins and fabrication.
The strongest session of 2006 was 1 April 2006 at +12.03%, and the weakest 1 June 2006 at -4.51%.
Twelve months earlier gold traded around $517.10, making this a +22.84% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 February 2006 | $561.60 | +$44.50 |
| 1 March 2006 | $581.80 | +$20.20 |
| 1 April 2006 | $651.80 | +$70.00 |
| 1 May 2006 | $642.50 | −$9.300 |
| 1 June 2006 | $613.50 | −$29.00 |
| 1 July 2006 | $634.20 | +$20.70 |
| 1 August 2006 | $625.90 | −$8.300 |
| 1 September 2006 | $598.60 | −$27.30 |
| 1 November 2006 | $646.90 | +$48.30 |
| 1 December 2006 | $635.20 | −$11.70 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished 2006 at $635.20 per troy ounce, having risen $118.10 (22.84%) over the year. It has traded between $561.60 and $651.80 across 10 trading days.
The average gold closing price in 2006 was $619.20 per troy ounce, calculated across all 10 trading days in the year.
Gold reached its highest close of 2006 at $651.80 per troy ounce on 1 April 2006.
The lowest gold close in 2006 was $561.60 per troy ounce on 1 February 2006.
Gold rose during 2006. It entered the year at $517.10 and closed at $635.20, a change of 22.84%.
Gold closed higher on 5 sessions and lower on 5 during 2006. The strongest session was 1 April 2006 (+12.03%) and the weakest 1 June 2006 (-4.51%).
Daily closes in 2006 varied with a standard deviation of 5.82% per session, and the peak-to-trough spread across the year was 16.1% ($561.60 to $651.80).
At the 2006 close of $635.20 per troy ounce, gold worked out at about $20.42 per gram and $20,422.15 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 51.8 through 2006 and finished the year near 49.6. A higher ratio means silver is cheap relative to gold.
Gold was around $517.10 per troy ounce twelve months before the end of 2006. Closing at $635.20 makes that a gain of 22.8% year on year.