Gold Price in February 2013
In February 2013, gold fell 5.0%, from $1,660.60 at the end of January to $1,577.70 per troy ounce on February 28, 2013. The highest close was $1,677.70 on February 6, 2013, the lowest $1,572.40 on February 22, 2013, and the average over 19 trading days was $1,627.47. Today's price is 155.1% higher than the February 2013 close.
- Gold fell 5.0% in US dollars in February 2013, leaving it down 5.8% for the year to date.
- Measured in other currencies, the change ranged from −7.0% in ZAR to −1.0% in GBP, because exchange rates moved too.
- It did better than silver (−9.4%), and worse than US stocks (+1.4%).
- It closed higher on 7 trading days and lower on 12, with an average daily move of 0.68%.
- At the end of the month it was 16.5% below its highest close since 2000.
- Gold/silver ratio: 53.0 → 55.6.
Gold price chart, February 2013
US dollars per troy ounce · daily closeGold in other currencies, February 2013
| Currency | Change in the month |
|---|---|
| GBP | −1.0% |
| EUR | −2.0% |
| CAD | −3.0% |
| CHF | −3.2% |
| AUD | −3.3% |
| TRY | −3.5% |
| JPY | −3.7% |
| INR | −4.0% |
| EGP | −4.3% |
| CNY | −4.9% |
| PKR | −5.9% |
| ZAR | −7.0% |
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, February 2013
| Asset | Change (USD) |
|---|---|
| Gold | −5.0% |
| Silver | −9.4% |
| S&P 500 (with dividends) | +1.4% |
| US inflation (CPI, month) | +0.82% |
| Gold, year to date (end of February) | −5.8% |
| Gold/silver ratio | 53.0 → 55.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2013
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 |
|---|---|---|---|---|---|
| Feb 1Fri | $1,669.40 | +0.53% | $53.67 | ₹28,561 | AED 197.09 |
| Feb 4Mon | $1,675.30 | +0.35% | $53.86 | ₹28,635 | AED 197.78 |
| Feb 5Tue | $1,672.40 | −0.17% | $53.77 | ₹28,650 | AED 197.44 |
| Feb 6Wed | $1,677.70 | +0.32% | $53.94 | ₹28,660 | AED 198.07 |
| Feb 7Thu | $1,670.40 | −0.44% | $53.70 | ₹28,546 | AED 197.20 |
| Feb 8Fri | $1,666.00 | −0.26% | $53.56 | ₹28,505 | AED 196.68 |
| Feb 11Mon | $1,648.20 | −1.07% | $52.99 | ₹28,397 | AED 194.58 |
| Feb 12Tue | $1,648.70 | +0.03% | $53.01 | ₹28,601 | AED 194.64 |
| Feb 13Wed | $1,644.20 | −0.27% | $52.86 | ₹28,465 | AED 194.11 |
| Feb 14Thu | $1,634.70 | −0.58% | $52.56 | ₹28,285 | AED 192.99 |
| Feb 15Fri | $1,608.80 | −1.58% | $51.72 | ₹27,889 | AED 189.94 |
| Feb 19Tue | $1,603.60 | −0.32% | $51.56 | ₹27,933 | AED 189.32 |
| Feb 20Wed | $1,577.60 | −1.62% | $50.72 | ₹27,472 | AED 186.25 |
| Feb 21Thu | $1,578.20 | +0.04% | $50.74 | ₹27,434 | AED 186.32 |
| Feb 22Fri | $1,572.40 | −0.37% | $50.55 | ₹27,536 | AED 185.63 |
| Feb 25Mon | $1,586.20 | +0.88% | $51.00 | ₹27,678 | AED 187.27 |
| Feb 26Tue | $1,615.20 | +1.83% | $51.93 | ₹27,971 | AED 190.69 |
| Feb 27Wed | $1,595.20 | −1.24% | $51.29 | ₹27,740 | AED 188.33 |
| Feb 28Thu | $1,577.70 | −1.10% | $50.72 | ₹27,319 | AED 186.26 |
How February usually goes for gold
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%.
Gold in February 2013: FAQ
What was the price of gold in February 2013?
Gold traded between $1,572.40 and $1,677.70 per troy ounce (daily closes) in February 2013, averaging $1,627.47. It closed the month at $1,577.70.
How much did gold go down in February 2013?
Gold fell 5.0%, from $1,660.60 to $1,577.70. The biggest daily rise was +1.8% on February 26, 2013 and the biggest fall −1.6% on February 20, 2013.
What was the gold price on February 1, 2013?
Gold closed at $1,669.40 per troy ounce on February 1, 2013, the first trading day of the month. 24K India, ₹ per 10 g: ₹28,561.
Is February usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in February 2013?
Gold fell 4.0% in Indian rupee terms in February 2013, compared with −5.0% in US dollars.
Did gold beat stocks in February 2013?
No. Gold was −5.0% for the month, against +1.4% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2013?
US consumer prices (CPI) changed +0.82% in February, so gold's real (inflation-adjusted) change was about −5.8%.