Gold Price in January 2006
In January 2006, gold rose 10.4%, from $517.10 at the end of December to $570.80 per troy ounce on January 31, 2006. The highest close was $570.80 on January 31, 2006, the lowest $526.30 on January 5, 2006, and the average over 20 trading days was $550.97. Today's price is 579.2% higher than the January 2006 close.
Gold ended January higher. What usually happens in February after a higher January →
- Gold rose 10.4% in US dollars in January 2006.
- Measured in other currencies, the change ranged from +5.6% in ZAR to +10.6% in PKR, because exchange rates moved too.
- It did better than US stocks (+2.6%), and worse than silver (+11.7%).
- It closed higher on 11 trading days and lower on 9, with an average daily move of 1.13%.
- Gold/silver ratio: 58.6 → 57.9.
Gold price chart, January 2006
US dollars per troy ounce · daily closeGold in other currencies, January 2006
| Currency | Change in the month |
|---|---|
| PKR | +10.6% |
| EGP | +10.3% |
| CNY | +10.3% |
| JPY | +9.8% |
| CAD | +8.2% |
| TRY | +8.2% |
| INR | +7.8% |
| EUR | +7.6% |
| CHF | +7.2% |
| GBP | +6.8% |
| ZAR | +5.6% |
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, January 2006
| Asset | Change (USD) |
|---|---|
| Gold | +10.4% |
| Silver | +11.7% |
| S&P 500 (with dividends) | +2.6% |
| US inflation (CPI, month) | +0.76% |
| Gold/silver ratio | 58.6 → 57.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, January 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 |
|---|---|---|---|---|---|
| Jan 3Tue | $530.70 | +2.63% | $17.06 | ₹7,654 | AED 62.65 |
| Jan 4Wed | $533.90 | +0.60% | $17.17 | ₹7,669 | AED 63.03 |
| Jan 5Thu | $526.30 | −1.42% | $16.92 | ₹7,559 | AED 62.13 |
| Jan 6Fri | $539.70 | +2.55% | $17.35 | ₹7,685 | AED 63.73 |
| Jan 9Mon | $549.10 | +1.74% | $17.65 | ₹7,814 | AED 64.82 |
| Jan 10Tue | $544.30 | −0.87% | $17.50 | ₹7,731 | AED 64.26 |
| Jan 11Wed | $548.80 | +0.83% | $17.64 | ₹7,749 | AED 64.81 |
| Jan 12Thu | $548.30 | −0.09% | $17.63 | ₹7,746 | AED 64.72 |
| Jan 13Fri | $556.10 | +1.42% | $17.88 | ₹7,879 | AED 65.67 |
| Jan 17Tue | $553.40 | −0.49% | $17.79 | ₹7,864 | AED 65.33 |
| Jan 18Wed | $543.70 | −1.75% | $17.48 | ₹7,742 | AED 64.18 |
| Jan 19Thu | $558.40 | +2.70% | $17.95 | ₹7,928 | AED 65.92 |
| Jan 20Fri | $553.50 | −0.88% | $17.80 | ₹7,857 | AED 65.36 |
| Jan 23Mon | $558.30 | +0.87% | $17.95 | ₹7,910 | AED 65.90 |
| Jan 24Tue | $557.70 | −0.11% | $17.93 | ₹7,920 | AED 65.84 |
| Jan 25Wed | $562.20 | +0.81% | $18.08 | ₹7,957 | AED 66.37 |
| Jan 26Thu | $559.70 | −0.44% | $17.99 | ₹7,916 | AED 66.09 |
| Jan 27Fri | $558.70 | −0.18% | $17.96 | ₹7,892 | AED 65.96 |
| Jan 30Mon | $565.80 | +1.27% | $18.19 | ₹8,008 | AED 66.79 |
| Jan 31Tue | $570.80 | +0.88% | $18.35 | ₹8,056 | AED 67.38 |
How January usually goes for gold
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Every January since 1971 →
Gold in January 2006: FAQ
What was the price of gold in January 2006?
Gold traded between $526.30 and $570.80 per troy ounce (daily closes) in January 2006, averaging $550.97. It closed the month at $570.80.
How much did gold go up in January 2006?
Gold rose 10.4%, from $517.10 to $570.80. The biggest daily rise was +2.7% on January 19, 2006 and the biggest fall −1.8% on January 18, 2006.
What was the gold price on January 3, 2006?
Gold closed at $530.70 per troy ounce on January 3, 2006, the first trading day of the month. 24K India, ₹ per 10 g: ₹7,654.
Is January usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in January 2006?
Gold rose 7.8% in Indian rupee terms in January 2006, compared with +10.4% in US dollars.
Did gold beat stocks in January 2006?
Yes. Gold was +10.4% for the month, against +2.6% for the S&P 500 with dividends.
Did gold keep up with inflation in January 2006?
US consumer prices (CPI) changed +0.76% in January, so gold's real (inflation-adjusted) change was about +9.5%.
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{corgano2026goldpriceinjanuary, author = {{Corgano}}, title = {Gold Price in January 2006}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2006/january}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}