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 May 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $653.90 per troy ounce on 30 May 2006, up $3.000 (0.46%) from the previous close of $650.90.
This close extended a run of 3 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 9.16% 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 $419.80, making this a +55.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $653.90 per troy ounce on 30 May 2006. That is $3.00 higher than the previous close of $650.90, a move of 0.46%.
The gold price rose on 30 May 2006, gaining $3.00 (0.46%) against the previous session's close of $650.90.
At $653.90 per troy ounce, one gram of pure gold was worth about $21.02 on 30 May 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 May 2006 18k gold was worth about $15.77 per gram and 14k about $12.26 per gram, against $21.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.2 on 30 May 2006, meaning one ounce of gold was worth roughly 50.2 ounces of silver.
A week before 30 May 2006, gold was around $673.00 per troy ounce, so the close of $653.90 is a loss of 2.8% over the week.
A year before 30 May 2006, gold was around $419.80 per troy ounce. The close of $653.90 therefore represents a rise of 55.8% over twelve months.
This close was session 3 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 9.16% below the highest close on record up to that date, which was set on 2006-05-11.