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 24 February 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 9 February 2006
Gold closed at $558.80 per troy ounce on 24 February 2006, up $10.40 (1.90%) from the previous close of $548.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 2.39% 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 $434.50, making this a +28.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $558.80 per troy ounce on 24 February 2006. That is $10.40 higher than the previous close of $548.40, a move of 1.90%.
The gold price rose on 24 February 2006, gaining $10.40 (1.90%) against the previous session's close of $548.40.
At $558.80 per troy ounce, one gram of pure gold was worth about $17.97 on 24 February 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 February 2006 18k gold was worth about $13.47 per gram and 14k about $10.48 per gram, against $17.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.4 on 24 February 2006, meaning one ounce of gold was worth roughly 57.4 ounces of silver.
A year before 24 February 2006, gold was around $434.50 per troy ounce. The close of $558.80 therefore represents a rise of 28.6% over twelve months.
It closed 2.39% below the highest close on record up to that date, which was set on 2006-02-02.