Gold4,026.32+0.06%Silver54.59−0.02%Platinum1,569.48+0.12%Palladium1,057.46+0.10%
Gold/Silver73.76
DXY101.62+0.01%
US10Y4.95%−3.75%
WTI98.98−0.49%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,231−3.32%
VIX19.03+14.09%

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.
End of March
$581.80
Month-end close
$651.80
Apr 28
Change
+12.0%
High
$651.80
Apr 28
Low
$586.00
Apr 4
Average
$612.06
19 trading days

Gold price chart, April 2006

US dollars per troy ounce · daily close
$576$617$657Mar 31Apr 5Apr 10Apr 17Apr 20Apr 25Apr 28

Gold in other currencies, April 2006

CurrencyChange 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

AssetChange (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 ratio50.7 → 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.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Apr 3Mon$589.40+1.31% $18.95 ₹8,438AED 69.57
Apr 4Tue$586.00−0.58% $18.84 ₹8,403AED 69.17
Apr 5Wed$587.90+0.32% $18.90 ₹8,422AED 69.41
Apr 6Thu$595.20+1.24% $19.14 ₹8,504AED 70.26
Apr 7Fri$588.40−1.14% $18.92 ₹8,428AED 69.48
Apr 10Mon$597.60+1.56% $19.21 ₹8,581AED 70.54
Apr 11Tue$595.20−0.40% $19.14 ₹8,562AED 70.26
Apr 12Wed$597.50+0.39% $19.21 ₹8,656AED 70.53
Apr 13Thu$596.50−0.17% $19.18 ₹8,638AED 70.41
Apr 17Mon$615.40+3.17% $19.79 ₹8,909AED 72.64
Apr 18Tue$620.00+0.75% $19.93 ₹8,979AED 73.19
Apr 19Wed$632.60+2.03% $20.34 ₹9,173AED 74.67
Apr 20Thu$619.80−2.02% $19.93 ₹8,987AED 73.16
Apr 21Fri$632.20+2.00% $20.33 ₹9,147AED 74.65
Apr 24Mon$620.60−1.83% $19.95 ₹8,944AED 73.26
Apr 25Tue$631.00+1.68% $20.29 ₹9,093AED 74.49
Apr 26Wed$638.80+1.24% $20.54 ₹9,246AED 75.40
Apr 27Thu$633.30−0.86% $20.36 ₹9,122AED 74.76
Apr 28Fri$651.80+2.92% $20.96 ₹9,409AED 76.96
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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%.