Distance from the record
This close sat 4.21% below the highest gold close recorded up to that date, set on 2006-02-02.
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This page is a historical record of the gold price in 23 February 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $548.40 per troy ounce on 23 February 2006, down $5.500 (0.99%) from the previous close of $553.90.
This close sat 4.21% below the highest gold close recorded up to that date, set on 2006-02-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $434.90, making this a +26.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $548.40 per troy ounce on 23 February 2006. That is $5.50 lower than the previous close of $553.90, a move of -0.99%.
The gold price fell on 23 February 2006, losing $5.50 (0.99%) against the previous session's close of $553.90.
At $548.40 per troy ounce, one gram of pure gold was worth about $17.63 on 23 February 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 February 2006 18k gold was worth about $13.22 per gram and 14k about $10.29 per gram, against $17.63 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.0 on 23 February 2006, meaning one ounce of gold was worth roughly 58.0 ounces of silver.
A year before 23 February 2006, gold was around $434.90 per troy ounce. The close of $548.40 therefore represents a rise of 26.1% over twelve months.
It closed 4.21% below the highest close on record up to that date, which was set on 2006-02-02.