Distance from the record
This close sat 13.23% 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 22 August 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $624.60 per troy ounce on 22 August 2006, down $1.100 (0.18%) from the previous close of $625.70.
This close sat 13.23% 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 $438.10, making this a +42.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $624.60 per troy ounce on 22 August 2006. That is $1.10 lower than the previous close of $625.70, a move of -0.18%.
The gold price fell on 22 August 2006, losing $1.10 (0.18%) against the previous session's close of $625.70.
At $624.60 per troy ounce, one gram of pure gold was worth about $20.08 on 22 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 August 2006 18k gold was worth about $15.06 per gram and 14k about $11.71 per gram, against $20.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.0 on 22 August 2006, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A year before 22 August 2006, gold was around $438.10 per troy ounce. The close of $624.60 therefore represents a rise of 42.6% over twelve months.
It closed 13.23% below the highest close on record up to that date, which was set on 2006-05-11.