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 March 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 3 March 2006
Gold closed at $560.00 per troy ounce on 24 March 2006, up $9.900 (1.80%) from the previous close of $550.10.
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 3.75% below the highest gold close recorded up to that date, set on 2006-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $424.70, making this a +31.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $560.00 per troy ounce on 24 March 2006. That is $9.90 higher than the previous close of $550.10, a move of 1.80%.
The gold price rose on 24 March 2006, gaining $9.90 (1.80%) against the previous session's close of $550.10.
At $560.00 per troy ounce, one gram of pure gold was worth about $18.00 on 24 March 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 March 2006 18k gold was worth about $13.50 per gram and 14k about $10.50 per gram, against $18.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.4 on 24 March 2006, meaning one ounce of gold was worth roughly 52.4 ounces of silver.
A year before 24 March 2006, gold was around $424.70 per troy ounce. The close of $560.00 therefore represents a rise of 31.9% over twelve months.
It closed 3.75% below the highest close on record up to that date, which was set on 2006-03-01.