Distance from the record
This close sat 15.31% 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 September 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $609.60 per troy ounce on 8 September 2006, down $7.400 (1.20%) from the previous close of $617.00.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 15.31% 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 $446.70, making this a +36.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $609.60 per troy ounce on 8 September 2006. That is $7.40 lower than the previous close of $617.00, a move of -1.20%.
The gold price fell on 8 September 2006, losing $7.40 (1.20%) against the previous session's close of $617.00.
At $609.60 per troy ounce, one gram of pure gold was worth about $19.60 on 8 September 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 September 2006 18k gold was worth about $14.70 per gram and 14k about $11.43 per gram, against $19.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.1 on 8 September 2006, meaning one ounce of gold was worth roughly 50.1 ounces of silver.
A month before 8 September 2006, gold was around $645.70 per troy ounce, so the close of $609.60 is a loss of 5.6% over the month.
A year before 8 September 2006, gold was around $446.70 per troy ounce. The close of $609.60 therefore represents a rise of 36.5% 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 15.31% below the highest close on record up to that date, which was set on 2006-05-11.