Gold price by month

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

Gold closed October 2006 at $604.10 an ounce, up 0.92% on the month. The highest close was $604.70 on 30 Oct and the lowest $562.00 on 4 Oct. Every trading day below, with ranks and context computed from COMEX data.

Month close$604.1031 October 2006
Monthly change+0.9%vs $598.60 at the end of September 2006
Highest close$604.7030 October 2006
Lowest close$562.004 October 2006

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

$560$570$580$590$60025101318232631high close $604.70low close $562.00
$560$580$600261218243031$604.70$562.00

Gold line = daily settlement; bars = intraday high to low where available; dashed line = September 2006 close ($598.60).

Daily gold prices in October 2006 (22 trading days)

Daily gold prices, October 2006
DateOpenHighLowCloseChange% change
Mon 2 Oct———$597.70−$0.90−0.15%
Tue 3 Oct worst day———$576.30−$21.40−3.58%
Wed 4 Oct$573.90$577.00$561.00$562.00−$14.30−2.48%
Thu 5 Oct$565.90$575.00$565.90$571.00+$9.00+1.60%
Fri 6 Oct$572.00$572.50$560.50$572.40+$1.40+0.25%
Mon 9 Oct———$578.40+$6.00+1.05%
Tue 10 Oct$574.50$574.50$568.00$571.90−$6.50−1.12%
Wed 11 Oct———$572.30+$0.40+0.07%
Thu 12 Oct———$576.30+$4.00+0.70%
Fri 13 Oct best day———$588.80+$12.50+2.17%
Mon 16 Oct———$594.70+$5.90+1.00%
Tue 17 Oct$598.50$598.50$588.50$589.70−$5.00−0.84%
Wed 18 Oct———$588.90−$0.80−0.14%
Thu 19 Oct———$599.00+$10.10+1.72%
Fri 20 Oct———$593.00−$6.00−1.00%
Mon 23 Oct———$579.70−$13.30−2.24%
Tue 24 Oct———$584.40+$4.70+0.81%
Wed 25 Oct———$587.60+$3.20+0.55%
Thu 26 Oct———$596.80+$9.20+1.57%
Fri 27 Oct———$598.20+$1.40+0.23%
Mon 30 Oct———$604.70+$6.50+1.09%
Tue 31 Oct———$604.10−$0.60−0.10%

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

October 2006OpenHighLowCloseChange
Settlements$597.70$604.70$562.00$604.10+0.92%

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 October 2006: summary

Gold edged up 0.92% in October 2006, from $598.60 at the end of September 2006 to $604.10 an ounce. Gold closed higher on 13 of 22 trading days and lower on 9; the strongest session was 13 October 2006 (+2.17%) and the weakest 3 October 2006 (−3.58%). Settlement prices ranged from $562.00 on 4 October 2006 to $604.70 on 30 October 2006, a spread of $42.70 (7.1%), narrower than the 8.7% average of the previous 12 months.

How October 2006 compares

  • Against other Octobers: at +0.92%, October 2006 ranks 13th of 26 Octobers since 2000 (best first).
  • Against every month: it ranks 154th of 313 months since September 2000, better than 51% of them.
  • Range: the gap between the highest and lowest close was $42.70, or 7.1% of the opening level, 0.8× the 8.7% average of the previous 12 months.
  • Daily moves: the average day moved 1.11% (up or down), against 1.11% over the previous 12 months, so October 2006 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was +16.82% for 2006 to the end of October and +29.89% over 12 months (against the October 2005 close of $465.10).
  • Average price: the mean of the 22 daily closes was $585.81; the World Bank's monthly average of the London (LBMA) price was $586.00.

Across the other 25 completed Octobers since 2000, gold averaged +0.10% and rose in 12 of them (48%). October 2006 beat that average by 0.8 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Octobers side by side.

October 2006 in today's dollars

Adjusted for US consumer-price inflation, the $604.10 closing price equals about $1,006 in September 2026 dollars (CPI 201.9 in October 2006 against 336.3 in September 2026, FRED series CPIAUCSL), 67% 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 October 2006?

Gold closed October 2006 at $604.10 an ounce (COMEX settlement). It opened the month at $597.70 and averaged $585.81 across 22 trading days; the World Bank’s London average for the month was $586.00.

Did gold go up in October 2006?

Yes. Gold was up 0.92% in October 2006, from $598.60 at the end of September 2006 to $604.10. It closed higher on 13 of 22 days. Among Octobers since 2000 it ranks 13th of 26 (best first).

What was the highest gold price in October 2006?

The highest close was $604.70 on 30 October 2006.

What was the lowest gold price in October 2006?

The lowest close was $562.00 on 4 October 2006, $42.70 (7.1%) 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.