Distance from the record
This close sat 13.59% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 25 August 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $622.00 per troy ounce on 25 August 2006, up $2.500 (0.40%) from the previous close of $619.50.
This close sat 13.59% 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 $438.40, making this a +41.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $622.00 per troy ounce on 25 August 2006. That is $2.50 higher than the previous close of $619.50, a move of 0.40%.
The gold price rose on 25 August 2006, gaining $2.50 (0.40%) against the previous session's close of $619.50.
At $622.00 per troy ounce, one gram of pure gold was worth about $20.00 on 25 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 August 2006 18k gold was worth about $15.00 per gram and 14k about $11.67 per gram, against $20.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.3 on 25 August 2006, meaning one ounce of gold was worth roughly 50.3 ounces of silver.
A year before 25 August 2006, gold was around $438.40 per troy ounce. The close of $622.00 therefore represents a rise of 41.9% over twelve months.
It closed 13.59% below the highest close on record up to that date, which was set on 2006-05-11.