Gold Price in February 2006
In February 2006, gold fell 1.6%, from $570.80 at the end of January to $561.60 per troy ounce on February 28, 2006. The highest close was $572.50 on February 2, 2006, the lowest $539.00 on February 13, 2006, and the average over 19 trading days was $555.21. Today's price is 590.3% higher than the February 2006 close.
Gold ended February lower. What usually happens in March after a lower February →
- Gold fell 1.6% in US dollars in February 2006, leaving it up 8.6% for the year to date.
- Measured in other currencies, the change ranged from −2.9% in JPY to +0.9% in CHF, because exchange rates moved too.
- It did worse than silver (−1.3%) and US stocks (+0.3%).
- It closed higher on 9 trading days and lower on 9, with an average daily move of 1.20%.
- At the end of the month it was 1.9% below its highest close since 2000.
- Gold/silver ratio: 57.9 → 57.8.
Gold price chart, February 2006
US dollars per troy ounce · daily closeGold in other currencies, February 2006
| Currency | Change in the month |
|---|---|
| CHF | +0.9% |
| EUR | +0.2% |
| ZAR | +0.1% |
| GBP | −0.2% |
| INR | −0.8% |
| PKR | −1.5% |
| EGP | −1.7% |
| CAD | −1.8% |
| CNY | −1.9% |
| TRY | −2.4% |
| JPY | −2.9% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, February 2006
| Asset | Change (USD) |
|---|---|
| Gold | −1.6% |
| Silver | −1.3% |
| S&P 500 (with dividends) | +0.3% |
| US inflation (CPI, month) | +0.20% |
| Gold, year to date (end of February) | +8.6% |
| Gold/silver ratio | 57.9 → 57.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2006
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Feb 1Wed | $569.40 | −0.25% | $18.31 | ₹8,070 | AED 67.21 |
| Feb 2Thu | $572.50 | +0.54% | $18.41 | ₹8,128 | AED 67.58 |
| Feb 3Fri | $567.40 | −0.89% | $18.24 | ₹8,041 | AED 67.00 |
| Feb 6Mon | $570.20 | +0.49% | $18.33 | ₹8,092 | AED 67.33 |
| Feb 7Tue | $551.00 | −3.37% | $17.72 | ₹7,830 | AED 65.05 |
| Feb 8Wed | $550.10 | −0.16% | $17.69 | ₹7,803 | AED 64.96 |
| Feb 9Thu | $564.50 | +2.62% | $18.15 | ₹8,002 | AED 66.64 |
| Feb 10Fri | $550.20 | −2.53% | $17.69 | ₹7,789 | AED 64.97 |
| Feb 13Mon | $539.00 | −2.04% | $17.33 | ₹7,651 | AED 63.65 |
| Feb 14Tue | $545.90 | +1.28% | $17.55 | ₹7,749 | AED 64.44 |
| Feb 15Wed | $539.70 | −1.14% | $17.35 | ₹7,663 | AED 63.73 |
| Feb 16Thu | $546.00 | +1.17% | $17.55 | ₹7,766 | AED 64.46 |
| Feb 17Fri | $551.80 | +1.06% | $17.74 | ₹7,861 | AED 65.16 |
| Feb 21Tue | $553.90 | +0.38% | $17.81 | ₹7,893 | AED 65.39 |
| Feb 22Wed | $553.90 | 0.00% | $17.81 | ₹7,921 | AED 65.41 |
| Feb 23Thu | $548.40 | −0.99% | $17.63 | ₹7,839 | AED 64.76 |
| Feb 24Fri | $558.80 | +1.90% | $17.97 | ₹7,957 | AED 65.98 |
| Feb 27Mon | $554.70 | −0.73% | $17.83 | ₹7,920 | AED 65.48 |
| Feb 28Tue | $561.60 | +1.24% | $18.06 | ₹7,990 | AED 66.30 |
How February usually goes for gold
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Every February since 1971 →
Gold in February 2006: FAQ
What was the price of gold in February 2006?
Gold traded between $539.00 and $572.50 per troy ounce (daily closes) in February 2006, averaging $555.21. It closed the month at $561.60.
How much did gold go down in February 2006?
Gold fell 1.6%, from $570.80 to $561.60. The biggest daily rise was +2.6% on February 9, 2006 and the biggest fall −3.4% on February 7, 2006.
What was the gold price on February 1, 2006?
Gold closed at $569.40 per troy ounce on February 1, 2006, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,070.
Is February usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in February 2006?
Gold fell 0.8% in Indian rupee terms in February 2006, compared with −1.6% in US dollars.
Did gold beat stocks in February 2006?
No. Gold was −1.6% for the month, against +0.3% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2006?
US consumer prices (CPI) changed +0.20% in February, so gold's real (inflation-adjusted) change was about −1.8%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinfebruary, author = {{Corgano}}, title = {Gold Price in February 2006}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2006/february}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}