Gold Price in July 2006
In July 2006, gold rose 3.4%, from $613.50 at the end of June to $634.20 per troy ounce on July 31, 2006. The highest close was $666.60 on July 14, 2006, the lowest $612.70 on July 24, 2006, and the average over 19 trading days was $634.39. Today's price is 511.3% higher than the July 2006 close.
Gold ended July higher. What usually happens in August after a higher July →
- Gold rose 3.4% in US dollars in July 2006, leaving it up 22.6% for the year to date.
- Measured in other currencies, the change ranged from −1.8% in TRY to +4.9% in CAD, because exchange rates moved too.
- It did better than US stocks (+0.6%), and worse than silver (+3.8%).
- It closed higher on 11 trading days and lower on 8, with an average daily move of 1.46%.
- At the end of the month it was 11.9% below its highest close since 2000.
- Gold/silver ratio: 56.2 → 56.0.
Gold price chart, July 2006
US dollars per troy ounce · daily closeGold in other currencies, July 2006
| Currency | Change in the month |
|---|---|
| CAD | +4.9% |
| INR | +4.8% |
| CHF | +3.7% |
| PKR | +3.5% |
| JPY | +3.4% |
| CNY | +3.1% |
| EUR | +3.1% |
| EGP | +3.0% |
| GBP | +1.9% |
| ZAR | +0.7% |
| AUD | +0.4% |
| TRY | −1.8% |
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, July 2006
| Asset | Change (USD) |
|---|---|
| Gold | +3.4% |
| Silver | +3.8% |
| S&P 500 (with dividends) | +0.6% |
| US inflation (CPI, month) | +0.30% |
| Gold, year to date (end of July) | +22.6% |
| Gold/silver ratio | 56.2 → 56.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, July 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 |
|---|---|---|---|---|---|
| Jul 5Wed | $627.30 | +2.25% | $20.17 | ₹9,265 | AED 74.06 |
| Jul 6Thu | $634.10 | +1.08% | $20.39 | ₹9,334 | AED 74.86 |
| Jul 7Fri | $632.80 | −0.21% | $20.34 | ₹9,315 | AED 74.71 |
| Jul 10Mon | $624.10 | −1.37% | $20.07 | ₹9,258 | AED 73.68 |
| Jul 11Tue | $641.20 | +2.74% | $20.62 | ₹9,487 | AED 75.69 |
| Jul 12Wed | $649.40 | +1.28% | $20.88 | ₹9,650 | AED 76.66 |
| Jul 13Thu | $652.90 | +0.54% | $20.99 | ₹9,725 | AED 77.08 |
| Jul 14Fri | $666.60 | +2.10% | $21.43 | ₹9,929 | AED 78.70 |
| Jul 17Mon | $650.60 | −2.40% | $20.92 | ₹9,739 | AED 76.80 |
| Jul 18Tue | $628.30 | −3.43% | $20.20 | ₹9,454 | AED 74.18 |
| Jul 19Wed | $641.60 | +2.12% | $20.63 | ₹9,646 | AED 75.74 |
| Jul 20Thu | $631.70 | −1.54% | $20.31 | ₹9,461 | AED 74.58 |
| Jul 21Fri | $619.60 | −1.92% | $19.92 | ₹9,280 | AED 73.15 |
| Jul 24Mon | $612.70 | −1.11% | $19.70 | ₹9,203 | AED 72.32 |
| Jul 25Tue | $617.60 | +0.80% | $19.86 | ₹9,269 | AED 72.91 |
| Jul 26Wed | $621.60 | +0.65% | $19.98 | ₹9,301 | AED 73.39 |
| Jul 27Thu | $632.40 | +1.74% | $20.33 | ₹9,447 | AED 74.66 |
| Jul 28Fri | $634.80 | +0.38% | $20.41 | ₹9,483 | AED 74.94 |
| Jul 31Mon | $634.20 | −0.09% | $20.39 | ₹9,469 | AED 74.86 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Every July since 1971 →
Gold in July 2006: FAQ
What was the price of gold in July 2006?
Gold traded between $612.70 and $666.60 per troy ounce (daily closes) in July 2006, averaging $634.39. It closed the month at $634.20.
How much did gold go up in July 2006?
Gold rose 3.4%, from $613.50 to $634.20. The biggest daily rise was +2.7% on July 11, 2006 and the biggest fall −3.4% on July 18, 2006.
What was the gold price on July 5, 2006?
Gold closed at $627.30 per troy ounce on July 5, 2006, the first trading day of the month. 24K India, ₹ per 10 g: ₹9,265.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in July 2006?
Gold rose 4.8% in Indian rupee terms in July 2006, compared with +3.4% in US dollars.
Did gold beat stocks in July 2006?
Yes. Gold was +3.4% for the month, against +0.6% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2006?
US consumer prices (CPI) changed +0.30% in July, so gold's real (inflation-adjusted) change was about +3.1%.
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{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2006}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2006/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}