Gold price by month

Gold price in March 2006: daily prices, high, low and change

Gold closed March 2006 at $581.80 an ounce, up 3.60% on the month. The highest close was $586.70 on 30 Mar and the lowest $539.90 on 10 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$581.8031 March 2006
Monthly change+3.6%vs $561.60 at the end of February 2006
Highest close$586.7030 March 2006
Lowest close$539.9010 March 2006

Gold price chart, March 2006 (daily close and high-low range, US$ per ounce)

$540$550$560$570$580$590169141722273031high close $586.70low close $539.90
$540$560$5801815222931$586.70$539.90

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2006 close ($561.60).

Daily gold prices in March 2006 (23 trading days)

Daily gold prices, March 2006
DateOpenHighLowCloseChange% change
Wed 1 Mar$562.50$564.50$562.50$563.50+$1.90+0.34%
Thu 2 Mar———$568.20+$4.70+0.83%
Fri 3 Mar———$566.00−$2.20−0.39%
Mon 6 Mar worst day———$554.90−$11.10−1.96%
Tue 7 Mar———$552.70−$2.20−0.40%
Wed 8 Mar———$542.50−$10.20−1.85%
Thu 9 Mar———$545.50+$3.00+0.55%
Fri 10 Mar———$539.90−$5.60−1.03%
Mon 13 Mar———$546.10+$6.20+1.15%
Tue 14 Mar———$551.70+$5.60+1.03%
Wed 15 Mar———$553.10+$1.40+0.25%
Thu 16 Mar———$554.40+$1.30+0.24%
Fri 17 Mar———$554.10−$0.30−0.05%
Mon 20 Mar———$555.20+$1.10+0.20%
Tue 21 Mar———$552.40−$2.80−0.50%
Wed 22 Mar———$550.90−$1.50−0.27%
Thu 23 Mar———$550.10−$0.80−0.15%
Fri 24 Mar———$560.00+$9.90+1.80%
Mon 27 Mar———$567.00+$7.00+1.25%
Tue 28 Mar———$566.60−$0.40−0.07%
Wed 29 Mar———$573.00+$6.40+1.13%
Thu 30 Mar best day$572.60$587.40$571.30$586.70+$13.70+2.39%
Fri 31 Mar$586.00$589.60$579.00$581.80−$4.90−0.84%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 20 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).

Monthly open, high, low and close

March 2006OpenHighLowCloseChange
Settlements$563.50$586.70$539.90$581.80+3.60%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2006 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in March 2006: summary

Gold advanced 3.60% in March 2006, from $561.60 at the end of February 2006 to $581.80 an ounce. Settlement prices ranged from $539.90 on 10 March 2006 to $586.70 on 30 March 2006, a spread of $46.80 (8.3%), wider than the 5.4% average of the previous 12 months. Gold closed higher on 12 of 23 trading days and lower on 11; the strongest session was 30 March 2006 (+2.39%) and the weakest 6 March 2006 (−1.96%).

How March 2006 compares

  • Against other Marches: at +3.60%, March 2006 ranks 5th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 87th of 313 months since September 2000, better than 72% of them.
  • Range: the gap between the highest and lowest close was $46.80, or 8.3% of the opening level, 1.5× the 5.4% average of the previous 12 months.
  • Daily moves: the average day moved 0.81% (up or down), against 0.70% over the previous 12 months, so March 2006 was more volatile than usual.
  • Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 4 days.
  • Bigger picture: at the month-end close gold was +12.51% for 2006 to the end of March and +35.71% over 12 months (against the March 2005 close of $428.70).
  • Average price: the mean of the 23 daily closes was $558.10; the World Bank's monthly average of the London (LBMA) price was $557.00.

Across the other 25 completed Marches since 2001, gold averaged +0.07% and rose in 11 of them (44%). March 2006 beat that average by 3.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Marches side by side.

March 2006 in today's dollars

Adjusted for US consumer-price inflation, the $581.80 closing price equals about $980 in September 2026 dollars (CPI 199.7 in March 2006 against 336.3 in September 2026, FRED series CPIAUCSL), 68% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2006

The gold price in 2006 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in March 2006?

Gold closed March 2006 at $581.80 an ounce (COMEX settlement). It opened the month at $563.50 and averaged $558.10 across 23 trading days; the World Bank’s London average for the month was $557.00.

Did gold go up in March 2006?

Yes. Gold was up 3.60% in March 2006, from $561.60 at the end of February 2006 to $581.80. It closed higher on 12 of 23 days. Among Marches since 2001 it ranks 5th of 26 (best first).

What was the highest gold price in March 2006?

The highest close was $586.70 on 30 March 2006.

What was the lowest gold price in March 2006?

The lowest close was $539.90 on 10 March 2006, $46.80 (8.3%) below the month’s highest close.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.