Gold price by month

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

Gold closed September 2006 at $598.60 an ounce, down 4.36% on the month. The highest close was $638.50 on 5 Sep and the lowest $576.40 on 15 Sep. Every trading day below, with ranks and context computed from COMEX data.

Month close$598.6029 September 2006
Monthly change−4.4%vs $625.90 at the end of August 2006
Highest close$638.505 September 2006
Lowest close$576.4015 September 2006

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

$580$600$620$64016111419222729high close $638.50low close $576.40
$580$600$620$6401713192529$638.50$576.40

Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2006 close ($625.90).

Daily gold prices in September 2006 (21 trading days)

Daily gold prices, September 2006
DateOpenHighLowCloseChange% change
Fri 1 Sep———$624.40−$1.50−0.24%
Mon 4 Sep———$624.40$0.000.00%
Tue 5 Sep best day———$638.50+$14.10+2.26%
Wed 6 Sep———$633.50−$5.00−0.78%
Thu 7 Sep———$617.00−$16.50−2.60%
Fri 8 Sep———$609.60−$7.40−1.20%
Mon 11 Sep worst day———$590.00−$19.60−3.22%
Tue 12 Sep———$586.90−$3.10−0.53%
Wed 13 Sep———$589.10+$2.20+0.37%
Thu 14 Sep———$579.30−$9.80−1.66%
Fri 15 Sep———$576.40−$2.90−0.50%
Mon 18 Sep———$586.20+$9.80+1.70%
Tue 19 Sep———$576.80−$9.40−1.60%
Wed 20 Sep———$580.00+$3.20+0.55%
Thu 21 Sep———$582.20+$2.20+0.38%
Fri 22 Sep———$589.40+$7.20+1.24%
Mon 25 Sep———$589.90+$0.50+0.08%
Tue 26 Sep———$591.20+$1.30+0.22%
Wed 27 Sep———$597.30+$6.10+1.03%
Thu 28 Sep$597.70$606.20$597.70$605.00+$7.70+1.29%
Fri 29 Sep$605.10$605.10$595.00$598.60−$6.40−1.06%

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 19 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

September 2006OpenHighLowCloseChange
Settlements$624.40$638.50$576.40$598.60−4.36%

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 September 2006: summary

Gold declined 4.36% in September 2006, from $625.90 at the end of August 2006 to $598.60 an ounce. Gold closed higher on 10 of 21 trading days and lower on 10; the strongest session was 5 September 2006 (+2.26%) and the weakest 11 September 2006 (−3.22%). Settlement prices ranged from $576.40 on 15 September 2006 to $638.50 on 5 September 2006, a spread of $62.10 (9.9%), wider than the 8.4% average of the previous 12 months.

How September 2006 compares

  • Against other Septembers: at −4.36%, September 2006 ranks 22nd of 27 Septembers since 2000 (best first).
  • Against every month: it ranks 277th of 313 months since September 2000, better than 12% of them.
  • Range: the gap between the highest and lowest close was $62.10, or 9.9% of the opening level, 1.2× the 8.4% average of the previous 12 months.
  • Daily moves: the average day moved 1.07% (up or down), against 1.08% over the previous 12 months, so September 2006 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 7 days and the longest run of lower closes 5 days.
  • Bigger picture: at the month-end close gold was +15.76% for 2006 to the end of September and +27.63% over 12 months (against the September 2005 close of $469.00).
  • Average price: the mean of the 21 daily closes was $598.37; the World Bank's monthly average of the London (LBMA) price was $598.00.

Across the other 26 completed Septembers since 2000, gold averaged +0.61% and rose in 13 of them (50%). September 2006 lagged that average by 5.0 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.

September 2006 in today's dollars

Adjusted for US consumer-price inflation, the $598.60 closing price equals about $993 in September 2026 dollars (CPI 202.8 in September 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 September 2006?

Gold closed September 2006 at $598.60 an ounce (COMEX settlement). It opened the month at $624.40 and averaged $598.37 across 21 trading days; the World Bank’s London average for the month was $598.00.

Did gold go up in September 2006?

No. Gold was down 4.36% in September 2006, from $625.90 at the end of August 2006 to $598.60. It closed higher on 10 of 21 days. Among Septembers since 2000 it ranks 22nd of 27 (best first).

What was the highest gold price in September 2006?

The highest close was $638.50 on 5 September 2006.

What was the lowest gold price in September 2006?

The lowest close was $576.40 on 15 September 2006, $62.10 (9.9%) 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.