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 27 December 2005, not the current price.See today's gold price (11 September 2026)
Highest closing price since 13 December 2005
Gold closed at $508.00 per troy ounce on 27 December 2005, up $5.000 (0.99%) from the previous close of $503.00.
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 3.86% below the highest gold close recorded up to that date, set on 2005-12-12.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $445.20, making this a +14.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $508.00 per troy ounce on 27 December 2005. That is $5.00 higher than the previous close of $503.00, a move of 0.99%.
The gold price rose on 27 December 2005, gaining $5.00 (0.99%) against the previous session's close of $503.00.
At $508.00 per troy ounce, one gram of pure gold was worth about $16.33 on 27 December 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 December 2005 18k gold was worth about $12.25 per gram and 14k about $9.53 per gram, against $16.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.1 on 27 December 2005, meaning one ounce of gold was worth roughly 58.1 ounces of silver.
A week before 27 December 2005, gold was around $494.60 per troy ounce, so the close of $508.00 is a gain of 2.7% over the week.
A year before 27 December 2005, gold was around $445.20 per troy ounce. The close of $508.00 therefore represents a rise of 14.1% 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 3.86% below the highest close on record up to that date, which was set on 2005-12-12.