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 26 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $596.80 per troy ounce on 26 October 2006, up $9.200 (1.57%) from the previous close of $587.60.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 17.09% 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 $471.20, making this a +26.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $596.80 per troy ounce on 26 October 2006. That is $9.20 higher than the previous close of $587.60, a move of 1.57%.
The gold price rose on 26 October 2006, gaining $9.20 (1.57%) against the previous session's close of $587.60.
At $596.80 per troy ounce, one gram of pure gold was worth about $19.19 on 26 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 October 2006 18k gold was worth about $14.39 per gram and 14k about $11.19 per gram, against $19.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.0 on 26 October 2006, meaning one ounce of gold was worth roughly 49.0 ounces of silver.
A year before 26 October 2006, gold was around $471.20 per troy ounce. The close of $596.80 therefore represents a rise of 26.7% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 17.09% below the highest close on record up to that date, which was set on 2006-05-11.