Distance from the record
This close sat 9.92% 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 May 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $648.40 per troy ounce on 25 May 2006, up $11.40 (1.79%) from the previous close of $637.00.
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 close sat 9.92% 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 $418.80, making this a +54.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $648.40 per troy ounce on 25 May 2006. That is $11.40 higher than the previous close of $637.00, a move of 1.79%.
The gold price rose on 25 May 2006, gaining $11.40 (1.79%) against the previous session's close of $637.00.
At $648.40 per troy ounce, one gram of pure gold was worth about $20.85 on 25 May 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 May 2006 18k gold was worth about $15.63 per gram and 14k about $12.16 per gram, against $20.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.7 on 25 May 2006, meaning one ounce of gold was worth roughly 51.7 ounces of silver.
A week before 25 May 2006, gold was around $679.60 per troy ounce, so the close of $648.40 is a loss of 4.6% over the week.
A year before 25 May 2006, gold was around $418.80 per troy ounce. The close of $648.40 therefore represents a rise of 54.8% over twelve months.
It closed 9.92% below the highest close on record up to that date, which was set on 2006-05-11.