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 February 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $554.70 per troy ounce on 27 February 2006, down $4.100 (0.73%) from the previous close of $558.80.
This was the strongest close of the week up to that point.
This close sat 3.11% below the highest gold close recorded up to that date, set on 2006-02-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $434.90, making this a +27.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $554.70 per troy ounce on 27 February 2006. That is $4.10 lower than the previous close of $558.80, a move of -0.73%.
The gold price fell on 27 February 2006, losing $4.10 (0.73%) against the previous session's close of $558.80.
At $554.70 per troy ounce, one gram of pure gold was worth about $17.83 on 27 February 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 February 2006 18k gold was worth about $13.38 per gram and 14k about $10.40 per gram, against $17.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.8 on 27 February 2006, meaning one ounce of gold was worth roughly 57.8 ounces of silver.
A year before 27 February 2006, gold was around $434.90 per troy ounce. The close of $554.70 therefore represents a rise of 27.5% over twelve months.
It closed 3.11% below the highest close on record up to that date, which was set on 2006-02-02.