Distance from the record
This close sat 12.56% 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 6 June 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $629.40 per troy ounce on 6 June 2006, down $13.80 (2.15%) from the previous close of $643.20.
Gold lost 2.15% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 12.56% 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 $426.50, making this a +47.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $629.40 per troy ounce on 6 June 2006. That is $13.80 lower than the previous close of $643.20, a move of -2.15%.
The gold price fell on 6 June 2006, losing $13.80 (2.15%) against the previous session's close of $643.20.
At $629.40 per troy ounce, one gram of pure gold was worth about $20.24 on 6 June 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 June 2006 18k gold was worth about $15.18 per gram and 14k about $11.80 per gram, against $20.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.3 on 6 June 2006, meaning one ounce of gold was worth roughly 53.3 ounces of silver.
A week before 6 June 2006, gold was around $653.90 per troy ounce, so the close of $629.40 is a loss of 3.7% over the week.
A month before 6 June 2006, gold was around $682.20 per troy ounce, so the close of $629.40 is a loss of 7.7% over the month.
A year before 6 June 2006, gold was around $426.50 per troy ounce. The close of $629.40 therefore represents a rise of 47.6% over twelve months.
It closed 12.56% below the highest close on record up to that date, which was set on 2006-05-11.