Distance from the record
This close sat 11.71% below the highest gold close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the gold price in 29 November 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $635.50 per troy ounce on 29 November 2006, down $1.700 (0.27%) from the previous close of $637.20.
This close sat 11.71% 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 $499.10, making this a +27.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $635.50 per troy ounce on 29 November 2006. That is $1.70 lower than the previous close of $637.20, a move of -0.27%.
The gold price fell on 29 November 2006, losing $1.70 (0.27%) against the previous session's close of $637.20.
At $635.50 per troy ounce, one gram of pure gold was worth about $20.43 on 29 November 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 November 2006 18k gold was worth about $15.32 per gram and 14k about $11.92 per gram, against $20.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 46.8 on 29 November 2006, meaning one ounce of gold was worth roughly 46.8 ounces of silver.
A month before 29 November 2006, gold was around $598.20 per troy ounce, so the close of $635.50 is a gain of 6.2% over the month.
A year before 29 November 2006, gold was around $499.10 per troy ounce. The close of $635.50 therefore represents a rise of 27.3% over twelve months.
It closed 11.71% below the highest close on record up to that date, which was set on 2006-05-11.