Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 22 September 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 11 September 2006
Gold closed at $589.40 per troy ounce on 22 September 2006, up $7.200 (1.24%) from the previous close of $582.20.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 18.12% 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 $466.60, making this a +26.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $589.40 per troy ounce on 22 September 2006. That is $7.20 higher than the previous close of $582.20, a move of 1.24%.
The gold price rose on 22 September 2006, gaining $7.20 (1.24%) against the previous session's close of $582.20.
At $589.40 per troy ounce, one gram of pure gold was worth about $18.95 on 22 September 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 September 2006 18k gold was worth about $14.21 per gram and 14k about $11.05 per gram, against $18.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.6 on 22 September 2006, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
A week before 22 September 2006, gold was around $576.40 per troy ounce, so the close of $589.40 is a gain of 2.3% over the week.
A month before 22 September 2006, gold was around $624.60 per troy ounce, so the close of $589.40 is a loss of 5.6% over the month.
A year before 22 September 2006, gold was around $466.60 per troy ounce. The close of $589.40 therefore represents a rise of 26.3% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 18.12% below the highest close on record up to that date, which was set on 2006-05-11.