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 30 August 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $617.70 per troy ounce on 30 August 2006, up $7.000 (1.15%) from the previous close of $610.70.
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 was the strongest close of the week up to that point.
This close sat 14.18% 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 $431.20, making this a +43.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $617.70 per troy ounce on 30 August 2006. That is $7.00 higher than the previous close of $610.70, a move of 1.15%.
The gold price rose on 30 August 2006, gaining $7.00 (1.15%) against the previous session's close of $610.70.
At $617.70 per troy ounce, one gram of pure gold was worth about $19.86 on 30 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 August 2006 18k gold was worth about $14.89 per gram and 14k about $11.58 per gram, against $19.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 49.4 on 30 August 2006, meaning one ounce of gold was worth roughly 49.4 ounces of silver.
A year before 30 August 2006, gold was around $431.20 per troy ounce. The close of $617.70 therefore represents a rise of 43.3% over twelve months.
It closed 14.18% below the highest close on record up to that date, which was set on 2006-05-11.