Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 9 October 2006, not the current price.See today's gold price (11 September 2026)
Gold closed at $578.40 per troy ounce on 9 October 2006, up $6.000 (1.05%) from the previous close of $572.40.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 19.64% 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 $474.70, making this a +21.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $578.40 per troy ounce on 9 October 2006. That is $6.00 higher than the previous close of $572.40, a move of 1.05%.
The gold price rose on 9 October 2006, gaining $6.00 (1.05%) against the previous session's close of $572.40.
At $578.40 per troy ounce, one gram of pure gold was worth about $18.60 on 9 October 2006. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 October 2006 18k gold was worth about $13.95 per gram and 14k about $10.85 per gram, against $18.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.1 on 9 October 2006, meaning one ounce of gold was worth roughly 51.1 ounces of silver.
A week before 9 October 2006, gold was around $597.70 per troy ounce, so the close of $578.40 is a loss of 3.2% over the week.
A month before 9 October 2006, gold was around $609.60 per troy ounce, so the close of $578.40 is a loss of 5.1% over the month.
A year before 9 October 2006, gold was around $474.70 per troy ounce. The close of $578.40 therefore represents a rise of 21.8% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 19.64% below the highest close on record up to that date, which was set on 2006-05-11.