Gold3,876.73−3.57%Silver49.12−5.79%Platinum1,434.05−3.60%Palladium979.73−2.55%
Gold/Silver78.93
DXY101.96+0.08%
US10Y4.93%−1.20%
WTI104.12+2.08%
S&P 5007,580−1.82%
Dow51,770−1.09%
Bitcoin77,374+0.22%
VIX19.42+12.91%

Gold Price in 2006

The gold price rose 23.2% in 2006, from $513.00 at the end of 2005 to $632.00. Its highest close was $725.00 on May 12, and its lowest $524.75 on Jan 5. The biggest one-day fall was −6.1% on May 19 and the biggest rise +4.1% on Jun 30. Adjusted for inflation, it gained 20.1%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2006 →

Change in 2006
+23.2%
$513.00 → $632.00
High
$725.00
May 12
Low
$524.75
Jan 5
After inflation
+20.1%
US CPI
Up days
132 of 256
longest run 7 up, 4 down
Below record
-25.6%
at the end of 2006

Gold Price, daily closes 2006

Numbers mark the events below
$544$625$706JanFebMarAprMayJunJulAugSepOctNovDec1May 11: Back above its pre-bear-market peak of $711.00 (September 23, 1980).2May 19: Biggest one-day fall of the year: −6.1%.3Jun 14: Enters a bear market: 20% below its peak of $725.00 (May 12, 2006).4Jun 30: Biggest one-day rise of the year: +4.1%.5Oct 6: Bear market low: $560.75, 22.7% below the peak.

Key Events in 2006

What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.

  1. 1
    Thursday, May 11 From the data
    Back above its pre-bear-market peak of $711.00 (September 23, 1980).
  2. 2
    Friday, May 19 From the data
    Biggest one-day fall of the year: −6.1%.
  3. 3
    Wednesday, June 14 From the data
    Enters a bear market: 20% below its peak of $725.00 (May 12, 2006).
  4. 4
    Friday, June 30 From the data
    Biggest one-day rise of the year: +4.1%.
  5. 5
    Friday, October 6 From the data
    Bear market low: $560.75, 22.7% below the peak.

Biggest days of 2006

Best daysWorst days
Jun 30+4.1%May 19−6.1%
Jul 27+4.0%May 15−5.2%
Apr 17+3.8%Jul 24−4.5%
Mar 30+3.4%Jun 1−4.3%
Jan 3+3.3%Jun 13−3.7%

Volatility: 23.5% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$568.75+10.9%$568.75$524.75
Feb$556.00−2.2%$572.15$538.75
Mar$582.00+4.7%$584.00$535.00
Apr$644.00+10.7%$644.00$586.50
May$653.00+1.4%$725.00$642.25
Jun$613.50−6.0%$641.80$567.00
Jul$632.50+3.1%$663.25$605.70
Aug$623.50−1.4%$654.40$613.40
Sep$599.25−3.9%$637.75$573.60
Oct$603.75+0.8%$608.50$560.75
Nov$646.70+7.1%$646.70$614.10
Dec$632.00−2.3%$648.75$614.00

Other Markets in 2006

Change over the calendar year.

MarketChangeYear-end
Gold Price+23.2%$632.00
Dow Jones Industrial Average in 2006+16.3%12,463.15
S&P 500 in 2006+13.6%1,418.30
Nasdaq Composite in 2006+9.5%2,415.29
Russell 2000 in 2006+17.0%787.66
Nikkei 225 in 2006+6.9%17,225.83
Silver in 2006+46.1%$12.90
WTI crude oil in 2006−0.3%$60.85
Brent crude oil in 2006+1.1%$58.96
US 10-year Treasury yield in 2006+0.32 pp4.71%

Gold Price in 2006: FAQ

How much did the gold price rise in 2006?

The gold price rose 23.2% in 2006, from $513.00 at the end of 2005 to $632.00. Its highest close was $725.00 on May 12, and its lowest $524.75 on Jan 5. The biggest one-day fall was −6.1% on May 19 and the biggest rise +4.1% on Jun 30. Adjusted for inflation, it gained 20.1%.

What were the highest and lowest closes of the gold price in 2006?

Highest: $725.00 on May 12, 2006. Lowest: $524.75 on January 5, 2006. It closed higher on 132 of 256 trading days.

Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.

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.

APA 7
Corgano. (2026, October 31). Gold price in 2006. Corgano Gold Price. Retrieved October 31, 2026, from https://goldprice.corgano.com/gold-price-history/2006
MLA 9
“Gold Price in 2006.” Corgano Gold Price, goldprice.corgano.com/gold-price-history/2006. Accessed 31 Oct. 2026.
Chicago
Corgano. “Gold Price in 2006.” Corgano Gold Price. Accessed October 31, 2026. https://goldprice.corgano.com/gold-price-history/2006.
BibTeX
@misc{corgano2026goldpricein2006, author = {{Corgano}}, title = {Gold Price in 2006}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2006}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}
Link
Gold Price in 2006 — Corgano Gold Price: https://goldprice.corgano.com/gold-price-history/2006