Gold price in 2006: open, high, low, close
Gold averaged $604.22 an ounce in 2006, moving between $526.30 and $719.80. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2006, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $530.70 | $570.80 | $526.30 | $570.80 | $550.00 |
| February | $569.40 | $572.50 | $539.00 | $561.60 | $555.00 |
| March | $563.50 | $586.70 | $539.90 | $581.80 | $557.00 |
| April | $589.40 | $651.80 | $586.00 | $651.80 | $611.00 |
| May | $657.50 | $719.80 | $637.00 | $642.50 | $675.00 |
| June | $627.60 | $643.20 | $562.30 | $613.50 | $596.00 |
| July | $627.30 | $666.60 | $612.70 | $634.20 | $634.00 |
| August | $646.30 | $651.60 | $610.70 | $625.90 | $633.00 |
| September | $624.40 | $638.50 | $576.40 | $598.60 | $598.00 |
| October | $597.70 | $604.70 | $562.00 | $604.10 | $586.00 |
| November | $616.60 | $646.90 | $616.40 | $646.90 | $628.00 |
| December | $644.70 | $645.20 | $614.00 | $635.20 | $630.00 |
Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.
Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.
Gold in 2006: the numbers
In 2006, gold averaged $604.22 an ounce, measured by daily COMEX settlement prices. It opened the year at $530.70, reached a high of $719.80 in May 2006 and a low of $526.30 in January 2006, and closed at $635.20, a change of +22.8% from the end of 2005. 5 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $1,052 in September 2026 dollars.
For context, gold closed 2005 at $517.10 and 2007 at $834.90 (+31.4% in 2007).
How this compares with the whole record
The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2006 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.
Frequently asked questions
What was the gold price in 2006?
Gold averaged $604.22 per troy ounce in 2006, measured by daily COMEX settlement prices. It opened the year at $530.70 and closed at $635.20.
What was the highest gold price in 2006?
The highest daily settlement in 2006 was $719.80, in May 2006. Intraday highs were slightly higher.
What was the lowest gold price in 2006?
The lowest daily settlement in 2006 was $526.30, in January 2006.
Did gold go up or down in 2006?
Gold up +22.8% in 2006, from $517.10 at the end of 2005 to $635.20. Adjusted for inflation, that closing price is about $1,052 in September 2026 dollars.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.