Gold price by month

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

Gold closed July 2006 at $634.20 an ounce, up 3.37% on the month. The highest close was $666.60 on 14 Jul and the lowest $612.70 on 24 Jul. Every trading day below, with ranks and context computed from COMEX data.

Month close$634.2031 July 2006
Monthly change+3.4%vs $613.50 at the end of June 2006
Highest close$666.6014 July 2006
Lowest close$612.7024 July 2006

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

$620$640$660571113171921252731high close $666.60low close $612.70
$620$640$66051117212731$666.60$612.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2006 close ($613.50).

Daily gold prices in July 2006 (19 trading days)

Daily gold prices, July 2006
DateOpenHighLowCloseChange% change
Wed 5 Jul———$627.30+$13.80+2.25%
Thu 6 Jul———$634.10+$6.80+1.08%
Fri 7 Jul———$632.80−$1.30−0.21%
Mon 10 Jul———$624.10−$8.70−1.37%
Tue 11 Jul best day———$641.20+$17.10+2.74%
Wed 12 Jul———$649.40+$8.20+1.28%
Thu 13 Jul———$652.90+$3.50+0.54%
Fri 14 Jul———$666.60+$13.70+2.10%
Mon 17 Jul———$650.60−$16.00−2.40%
Tue 18 Jul worst day———$628.30−$22.30−3.43%
Wed 19 Jul———$641.60+$13.30+2.12%
Thu 20 Jul———$631.70−$9.90−1.54%
Fri 21 Jul———$619.60−$12.10−1.92%
Mon 24 Jul———$612.70−$6.90−1.11%
Tue 25 Jul———$617.60+$4.90+0.80%
Wed 26 Jul———$621.60+$4.00+0.65%
Thu 27 Jul———$632.40+$10.80+1.74%
Fri 28 Jul$632.50$636.60$625.00$634.80+$2.40+0.38%
Mon 31 Jul$634.50$646.50$627.00$634.20−$0.60−0.09%

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 17 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

July 2006OpenHighLowCloseChange
Settlements$627.30$666.60$612.70$634.20+3.37%

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 July 2006: summary

Gold advanced 3.37% in July 2006, from $613.50 at the end of June 2006 to $634.20 an ounce. Gold closed higher on 11 of 19 trading days and lower on 8; the strongest session was 11 July 2006 (+2.74%) and the weakest 18 July 2006 (−3.43%). Settlement prices ranged from $612.70 on 24 July 2006 to $666.60 on 14 July 2006, a spread of $53.90 (8.8%), wider than the 7.7% average of the previous 12 months.

How July 2006 compares

  • Against other Julys: at +3.37%, July 2006 ranks 5th of 26 Julys since 2001 (best first).
  • Against every month: it ranks 90th of 313 months since September 2000, better than 71% of them.
  • Range: the gap between the highest and lowest close was $53.90, or 8.8% of the opening level, 1.1× the 7.7% average of the previous 12 months.
  • Daily moves: the average day moved 1.46% (up or down), against 0.97% over the previous 12 months, so July 2006 was more volatile than usual.
  • Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was +22.65% for 2006 to the end of July and +47.52% over 12 months (against the July 2005 close of $429.90).
  • Average price: the mean of the 19 daily closes was $634.39; the World Bank's monthly average of the London (LBMA) price was $634.00.

Across the other 25 completed Julys since 2001, gold averaged +0.83% and rose in 14 of them (56%). July 2006 beat that average by 2.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Julys side by side.

July 2006 in today's dollars

Adjusted for US consumer-price inflation, the $634.20 closing price equals about $1,051 in September 2026 dollars (CPI 202.9 in July 2006 against 336.3 in September 2026, FRED series CPIAUCSL), 66% 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 July 2006?

Gold closed July 2006 at $634.20 an ounce (COMEX settlement). It opened the month at $627.30 and averaged $634.39 across 19 trading days; the World Bank’s London average for the month was $634.00.

Did gold go up in July 2006?

Yes. Gold was up 3.37% in July 2006, from $613.50 at the end of June 2006 to $634.20. It closed higher on 11 of 19 days. Among Julys since 2001 it ranks 5th of 26 (best first).

What was the highest gold price in July 2006?

The highest close was $666.60 on 14 July 2006.

What was the lowest gold price in July 2006?

The lowest close was $612.70 on 24 July 2006, $53.90 (8.8%) 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.