Distance from the record
This close sat 10.41% 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 3 August 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $644.90 per troy ounce on 3 August 2006, down $6.700 (1.03%) from the previous close of $651.60.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 10.41% 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 $436.90, making this a +47.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $644.90 per troy ounce on 3 August 2006. That is $6.70 lower than the previous close of $651.60, a move of -1.03%.
The gold price fell on 3 August 2006, losing $6.70 (1.03%) against the previous session's close of $651.60.
At $644.90 per troy ounce, one gram of pure gold was worth about $20.73 on 3 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 August 2006 18k gold was worth about $15.55 per gram and 14k about $12.09 per gram, against $20.73 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.5 on 3 August 2006, meaning one ounce of gold was worth roughly 53.5 ounces of silver.
A month before 3 August 2006, gold was around $613.50 per troy ounce, so the close of $644.90 is a gain of 5.1% over the month.
A year before 3 August 2006, gold was around $436.90 per troy ounce. The close of $644.90 therefore represents a rise of 47.6% over twelve months.
It closed 10.41% below the highest close on record up to that date, which was set on 2006-05-11.