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 September 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 8 September 2006
Gold closed at $597.30 per troy ounce on 27 September 2006, up $6.100 (1.03%) from the previous close of $591.20.
This close extended a run of 6 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 17.02% 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 $462.60, making this a +29.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $597.30 per troy ounce on 27 September 2006. That is $6.10 higher than the previous close of $591.20, a move of 1.03%.
The gold price rose on 27 September 2006, gaining $6.10 (1.03%) against the previous session's close of $591.20.
At $597.30 per troy ounce, one gram of pure gold was worth about $19.20 on 27 September 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 September 2006 18k gold was worth about $14.40 per gram and 14k about $11.20 per gram, against $19.20 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.5 on 27 September 2006, meaning one ounce of gold was worth roughly 51.5 ounces of silver.
A week before 27 September 2006, gold was around $580.00 per troy ounce, so the close of $597.30 is a gain of 3.0% over the week.
A year before 27 September 2006, gold was around $462.60 per troy ounce. The close of $597.30 therefore represents a rise of 29.1% over twelve months.
This close was session 6 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 17.02% below the highest close on record up to that date, which was set on 2006-05-11.