Distance from the record
This close sat 20.67% 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 5 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $571.00 per troy ounce on 5 October 2006, up $9.000 (1.60%) from the previous close of $562.00.
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 20.67% 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 $466.10, making this a +22.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $571.00 per troy ounce on 5 October 2006. That is $9.00 higher than the previous close of $562.00, a move of 1.60%.
The gold price rose on 5 October 2006, gaining $9.00 (1.60%) against the previous session's close of $562.00.
At $571.00 per troy ounce, one gram of pure gold was worth about $18.36 on 5 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2006 18k gold was worth about $13.77 per gram and 14k about $10.71 per gram, against $18.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.0 on 5 October 2006, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 5 October 2006, gold was around $605.00 per troy ounce, so the close of $571.00 is a loss of 5.6% over the week.
A month before 5 October 2006, gold was around $638.50 per troy ounce, so the close of $571.00 is a loss of 10.6% over the month.
A year before 5 October 2006, gold was around $466.10 per troy ounce. The close of $571.00 therefore represents a rise of 22.5% over twelve months.
It closed 20.67% below the highest close on record up to that date, which was set on 2006-05-11.