Distance from the record
This close sat 10.29% 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 8 August 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $645.70 per troy ounce on 8 August 2006, down $2.100 (0.32%) from the previous close of $647.80.
This close sat 10.29% 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 $434.70, making this a +48.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $645.70 per troy ounce on 8 August 2006. That is $2.10 lower than the previous close of $647.80, a move of -0.32%.
The gold price fell on 8 August 2006, losing $2.10 (0.32%) against the previous session's close of $647.80.
At $645.70 per troy ounce, one gram of pure gold was worth about $20.76 on 8 August 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 August 2006 18k gold was worth about $15.57 per gram and 14k about $12.11 per gram, against $20.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.8 on 8 August 2006, meaning one ounce of gold was worth roughly 52.8 ounces of silver.
A week before 8 August 2006, gold was around $625.90 per troy ounce, so the close of $645.70 is a gain of 3.2% over the week.
A year before 8 August 2006, gold was around $434.70 per troy ounce. The close of $645.70 therefore represents a rise of 48.5% over twelve months.
It closed 10.29% below the highest close on record up to that date, which was set on 2006-05-11.