Gold Price in June 2006
In June 2006, gold fell 4.5%, from $642.50 at the end of May to $613.50 per troy ounce on June 30, 2006. The highest close was $643.20 on June 5, 2006, the lowest $562.30 on June 14, 2006, and the average over 22 trading days was $595.52. Today's price is 531.9% higher than the June 2006 close.
Gold ended June lower. What usually happens in July after a lower June →
- Gold fell 4.5% in US dollars in June 2006, leaving it up 18.6% for the year to date.
- Measured in other currencies, the change ranged from −5.2% in INR to +3.0% in ZAR, because exchange rates moved too.
- It did better than silver (−12.0%), and worse than US stocks (+0.1%).
- It closed higher on 9 trading days and lower on 12, with an average daily move of 1.55%.
- At the end of the month it was 14.8% below its highest close since 2000.
- Gold/silver ratio: 51.8 → 56.2.
Gold price chart, June 2006
US dollars per troy ounce · daily closeGold in other currencies, June 2006
| Currency | Change in the month |
|---|---|
| ZAR | +3.0% |
| TRY | −1.5% |
| JPY | −2.8% |
| CAD | −3.5% |
| GBP | −3.6% |
| AUD | −3.9% |
| PKR | −3.9% |
| CHF | −4.3% |
| EUR | −4.3% |
| EGP | −4.6% |
| CNY | −4.8% |
| INR | −5.2% |
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, June 2006
| Asset | Change (USD) |
|---|---|
| Gold | −4.5% |
| Silver | −12.0% |
| S&P 500 (with dividends) | +0.1% |
| US inflation (CPI, month) | +0.20% |
| Gold, year to date (end of June) | +18.6% |
| Gold/silver ratio | 51.8 → 56.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, June 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 |
|---|---|---|---|---|---|
| Jun 1Thu | $627.60 | −2.32% | $20.18 | ₹9,200 | AED 74.09 |
| Jun 2Fri | $635.50 | +1.26% | $20.43 | ₹9,316 | AED 75.03 |
| Jun 5Mon | $643.20 | +1.21% | $20.68 | ₹9,481 | AED 75.94 |
| Jun 6Tue | $629.40 | −2.15% | $20.24 | ₹9,254 | AED 74.30 |
| Jun 7Wed | $627.40 | −0.32% | $20.17 | ₹9,230 | AED 74.05 |
| Jun 8Thu | $609.10 | −2.92% | $19.58 | ₹8,981 | AED 71.90 |
| Jun 9Fri | $608.20 | −0.15% | $19.55 | ₹8,968 | AED 71.79 |
| Jun 12Mon | $606.80 | −0.23% | $19.51 | ₹8,962 | AED 71.63 |
| Jun 13Tue | $562.50 | −7.30% | $18.08 | ₹8,286 | AED 66.40 |
| Jun 14Wed | $562.30 | −0.04% | $18.08 | ₹8,282 | AED 66.37 |
| Jun 15Thu | $566.50 | +0.75% | $18.21 | ₹8,351 | AED 66.87 |
| Jun 16Fri | $578.00 | +2.03% | $18.58 | ₹8,520 | AED 68.23 |
| Jun 19Mon | $568.80 | −1.59% | $18.29 | ₹8,387 | AED 67.11 |
| Jun 20Tue | $576.90 | +1.42% | $18.55 | ₹8,502 | AED 68.10 |
| Jun 21Wed | $587.50 | +1.84% | $18.89 | ₹8,674 | AED 69.35 |
| Jun 22Thu | $582.20 | −0.90% | $18.72 | ₹8,600 | AED 68.72 |
| Jun 23Fri | $584.80 | +0.45% | $18.80 | ₹8,638 | AED 69.03 |
| Jun 26Mon | $584.80 | 0.00% | $18.80 | ₹8,698 | AED 69.03 |
| Jun 27Tue | $581.60 | −0.55% | $18.70 | ₹8,658 | AED 68.65 |
| Jun 28Wed | $578.30 | −0.57% | $18.59 | ₹8,601 | AED 68.26 |
| Jun 29Thu | $586.50 | +1.42% | $18.86 | ₹8,637 | AED 69.23 |
| Jun 30Fri | $613.50 | +4.60% | $19.72 | ₹9,035 | AED 72.42 |
How June usually goes for gold
In the 20 years from 2006 to 2025, gold rose in June 9 times out of 20, with an average move of −0.4% and a median of −1.6%. Every June since 1971 →
Gold in June 2006: FAQ
What was the price of gold in June 2006?
Gold traded between $562.30 and $643.20 per troy ounce (daily closes) in June 2006, averaging $595.52. It closed the month at $613.50.
How much did gold go down in June 2006?
Gold fell 4.5%, from $642.50 to $613.50. The biggest daily rise was +4.6% on June 30, 2006 and the biggest fall −7.3% on June 13, 2006.
What was the gold price on June 1, 2006?
Gold closed at $627.60 per troy ounce on June 1, 2006, the first trading day of the month. 24K India, ₹ per 10 g: ₹9,200.
Is June usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in June 9 times out of 20, with an average move of −0.4% and a median of −1.6%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in June 2006?
Gold fell 5.2% in Indian rupee terms in June 2006, compared with −4.5% in US dollars.
Did gold beat stocks in June 2006?
No. Gold was −4.5% for the month, against +0.1% for the S&P 500 with dividends.
Did gold keep up with inflation in June 2006?
US consumer prices (CPI) changed +0.20% in June, so gold's real (inflation-adjusted) change was about −4.7%.
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{corgano2026goldpriceinjune, author = {{Corgano}}, title = {Gold Price in June 2006}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2006/june}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}