Gold Price in April 2006
In April 2006, gold rose 12.0%, from $581.80 at the end of March to $651.80 per troy ounce on April 28, 2006. The highest close was $651.80 on April 28, 2006, the lowest $586.00 on April 4, 2006, and the average over 19 trading days was $612.06. Today's price is 517.7% higher than the April 2006 close.
- Gold rose 12.0% in US dollars in April 2006, leaving it up 26.0% for the year to date.
- Measured in other currencies, the change ranged from +6.4% in CHF to +13.0% in INR, because exchange rates moved too.
- It did better than US stocks (+1.3%), and worse than silver (+17.7%).
- It closed higher on 12 trading days and lower on 7, with an average daily move of 1.35%.
- Gold/silver ratio: 50.7 → 48.2.
Gold price chart, April 2006
US dollars per troy ounce · daily closeGold in other currencies, April 2006
| Currency | Change in the month |
|---|---|
| INR | +13.0% |
| PKR | +12.2% |
| CNY | +12.0% |
| EGP | +11.8% |
| TRY | +9.9% |
| ZAR | +8.9% |
| JPY | +8.3% |
| EUR | +7.4% |
| CAD | +7.2% |
| GBP | +6.6% |
| CHF | +6.4% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, April 2006
| Asset | Change (USD) |
|---|---|
| Gold | +12.0% |
| Silver | +17.7% |
| S&P 500 (with dividends) | +1.3% |
| US inflation (CPI, month) | +0.85% |
| Gold, year to date (end of April) | +26.0% |
| Gold/silver ratio | 50.7 → 48.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, April 2006
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Apr 3Mon | $589.40 | +1.31% | $18.95 | ₹8,438 | AED 69.57 |
| Apr 4Tue | $586.00 | −0.58% | $18.84 | ₹8,403 | AED 69.17 |
| Apr 5Wed | $587.90 | +0.32% | $18.90 | ₹8,422 | AED 69.41 |
| Apr 6Thu | $595.20 | +1.24% | $19.14 | ₹8,504 | AED 70.26 |
| Apr 7Fri | $588.40 | −1.14% | $18.92 | ₹8,428 | AED 69.48 |
| Apr 10Mon | $597.60 | +1.56% | $19.21 | ₹8,581 | AED 70.54 |
| Apr 11Tue | $595.20 | −0.40% | $19.14 | ₹8,562 | AED 70.26 |
| Apr 12Wed | $597.50 | +0.39% | $19.21 | ₹8,656 | AED 70.53 |
| Apr 13Thu | $596.50 | −0.17% | $19.18 | ₹8,638 | AED 70.41 |
| Apr 17Mon | $615.40 | +3.17% | $19.79 | ₹8,909 | AED 72.64 |
| Apr 18Tue | $620.00 | +0.75% | $19.93 | ₹8,979 | AED 73.19 |
| Apr 19Wed | $632.60 | +2.03% | $20.34 | ₹9,173 | AED 74.67 |
| Apr 20Thu | $619.80 | −2.02% | $19.93 | ₹8,987 | AED 73.16 |
| Apr 21Fri | $632.20 | +2.00% | $20.33 | ₹9,147 | AED 74.65 |
| Apr 24Mon | $620.60 | −1.83% | $19.95 | ₹8,944 | AED 73.26 |
| Apr 25Tue | $631.00 | +1.68% | $20.29 | ₹9,093 | AED 74.49 |
| Apr 26Wed | $638.80 | +1.24% | $20.54 | ₹9,246 | AED 75.40 |
| Apr 27Thu | $633.30 | −0.86% | $20.36 | ₹9,122 | AED 74.76 |
| Apr 28Fri | $651.80 | +2.92% | $20.96 | ₹9,409 | AED 76.96 |
How April usually goes for gold
In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.8% and a median of +1.5%.
Gold in April 2006: FAQ
What was the price of gold in April 2006?
Gold traded between $586.00 and $651.80 per troy ounce (daily closes) in April 2006, averaging $612.06. It closed the month at $651.80.
How much did gold go up in April 2006?
Gold rose 12.0%, from $581.80 to $651.80. The biggest daily rise was +3.2% on April 17, 2006 and the biggest fall −2.0% on April 20, 2006.
What was the gold price on April 3, 2006?
Gold closed at $589.40 per troy ounce on April 3, 2006, the first trading day of the month. 24K India, ₹ per 10 g: ₹8,438.
Is April usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.8% and a median of +1.5%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in April 2006?
Gold rose 13.0% in Indian rupee terms in April 2006, compared with +12.0% in US dollars.
Did gold beat stocks in April 2006?
Yes. Gold was +12.0% for the month, against +1.3% for the S&P 500 with dividends.
Did gold keep up with inflation in April 2006?
US consumer prices (CPI) changed +0.85% in April, so gold's real (inflation-adjusted) change was about +11.1%.