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 July 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $632.40 per troy ounce on 27 July 2006, up $10.80 (1.74%) from the previous close of $621.60.
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 12.14% 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 $424.70, making this a +48.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $632.40 per troy ounce on 27 July 2006. That is $10.80 higher than the previous close of $621.60, a move of 1.74%.
The gold price rose on 27 July 2006, gaining $10.80 (1.74%) against the previous session's close of $621.60.
At $632.40 per troy ounce, one gram of pure gold was worth about $20.33 on 27 July 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 July 2006 18k gold was worth about $15.25 per gram and 14k about $11.86 per gram, against $20.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.8 on 27 July 2006, meaning one ounce of gold was worth roughly 55.8 ounces of silver.
A month before 27 July 2006, gold was around $581.60 per troy ounce, so the close of $632.40 is a gain of 8.7% over the month.
A year before 27 July 2006, gold was around $424.70 per troy ounce. The close of $632.40 therefore represents a rise of 48.9% 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 12.14% below the highest close on record up to that date, which was set on 2006-05-11.