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 28 December 2006, not the current price.See today's gold price (11 September 2026)
Highest closing price since 5 December 2006
Gold closed at $634.10 per troy ounce on 28 December 2006, up $6.900 (1.10%) from the previous close of $627.20.
This close extended a run of 4 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 11.91% 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 $514.20, making this a +23.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $634.10 per troy ounce on 28 December 2006. That is $6.90 higher than the previous close of $627.20, a move of 1.10%.
The gold price rose on 28 December 2006, gaining $6.90 (1.10%) against the previous session's close of $627.20.
At $634.10 per troy ounce, one gram of pure gold was worth about $20.39 on 28 December 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 December 2006 18k gold was worth about $15.29 per gram and 14k about $11.89 per gram, against $20.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.5 on 28 December 2006, meaning one ounce of gold was worth roughly 49.5 ounces of silver.
A week before 28 December 2006, gold was around $618.20 per troy ounce, so the close of $634.10 is a gain of 2.6% over the week.
A year before 28 December 2006, gold was around $514.20 per troy ounce. The close of $634.10 therefore represents a rise of 23.3% over twelve months.
This close was session 4 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 11.91% below the highest close on record up to that date, which was set on 2006-05-11.