Distance from the record
This close sat 13.02% 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 December 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 20 November 2006
Gold closed at $626.10 per troy ounce on 8 December 2006, down $5.800 (0.92%) from the previous close of $631.90.
This close sat 13.02% 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 $519.30, making this a +20.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $626.10 per troy ounce on 8 December 2006. That is $5.80 lower than the previous close of $631.90, a move of -0.92%.
The gold price fell on 8 December 2006, losing $5.80 (0.92%) against the previous session's close of $631.90.
At $626.10 per troy ounce, one gram of pure gold was worth about $20.13 on 8 December 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 December 2006 18k gold was worth about $15.10 per gram and 14k about $11.74 per gram, against $20.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 45.6 on 8 December 2006, meaning one ounce of gold was worth roughly 45.6 ounces of silver.
A year before 8 December 2006, gold was around $519.30 per troy ounce. The close of $626.10 therefore represents a rise of 20.6% over twelve months.
It closed 13.02% below the highest close on record up to that date, which was set on 2006-05-11.