Distance from the record
This close sat 15.38% 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 June 2006, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 April 2006
Gold closed at $609.10 per troy ounce on 8 June 2006, down $18.30 (2.92%) from the previous close of $627.40.
Gold lost 2.92% 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 15.38% 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 $424.70, making this a +43.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $609.10 per troy ounce on 8 June 2006. That is $18.30 lower than the previous close of $627.40, a move of -2.92%.
The gold price fell on 8 June 2006, losing $18.30 (2.92%) against the previous session's close of $627.40.
At $609.10 per troy ounce, one gram of pure gold was worth about $19.58 on 8 June 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 June 2006 18k gold was worth about $14.69 per gram and 14k about $11.42 per gram, against $19.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.2 on 8 June 2006, meaning one ounce of gold was worth roughly 55.2 ounces of silver.
A month before 8 June 2006, gold was around $677.80 per troy ounce, so the close of $609.10 is a loss of 10.1% over the month.
A year before 8 June 2006, gold was around $424.70 per troy ounce. The close of $609.10 therefore represents a rise of 43.4% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 15.38% below the highest close on record up to that date, which was set on 2006-05-11.