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Gold Price in February 2016

In February 2016, gold rose 10.5%, from $1,116.40 at the end of January to $1,233.90 per troy ounce on February 29, 2016. The highest close was $1,247.90 on February 11, 2016, the lowest $1,127.30 on February 2, 2016, and the average over 20 trading days was $1,201.41. Today's price is 227.6% higher than the February 2016 close.

End of January
$1,116.40
Month-end close
$1,233.90
Feb 29
Change
+10.5%
High
$1,247.90
Feb 11
Low
$1,127.30
Feb 2
Average
$1,201.41
20 trading days

Gold price chart, February 2016

US dollars per troy ounce · daily close
$1,106$1,182$1,258Jan 29Feb 3Feb 9Feb 12Feb 18Feb 24Feb 29

Daily Gold Prices, February 2016

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
Feb 1Mon$1,127.90+1.03% $36.26 ₹24,612AED 133.16
Feb 2Tue$1,127.30−0.05% $36.24 ₹24,603AED 133.09
Feb 3Wed$1,141.30+1.24% $36.69 ₹24,947AED 134.74
Feb 4Thu$1,157.60+1.43% $37.22 ₹25,281AED 136.67
Feb 5Fri$1,157.80+0.02% $37.22 ₹25,150AED 136.69
Feb 8Mon$1,197.90+3.46% $38.51 ₹26,113AED 141.42
Feb 9Tue$1,198.70+0.07% $38.54 ₹26,236AED 141.52
Feb 10Wed$1,194.70−0.33% $38.41 ₹26,091AED 141.04
Feb 11Thu$1,247.90+4.45% $40.12 ₹27,239AED 147.36
Feb 12Fri$1,239.10−0.71% $39.84 ₹27,279AED 146.29
Feb 16Tue$1,207.90−2.52% $38.83 ₹26,461AED 142.60
Feb 17Wed$1,211.10+0.26% $38.94 ₹26,675AED 142.98
Feb 18Thu$1,226.10+1.24% $39.42 ₹26,946AED 144.75
Feb 19Fri$1,230.40+0.35% $39.56 ₹27,124AED 145.26
Feb 22Mon$1,209.50−1.70% $38.89 ₹26,652AED 142.79
Feb 23Tue$1,222.30+1.06% $39.30 ₹26,948AED 144.31
Feb 24Wed$1,238.70+1.34% $39.83 ₹27,321AED 146.24
Feb 25Thu$1,238.20−0.04% $39.81 ₹27,220AED 146.19
Feb 26Fri$1,219.80−1.49% $39.22 ₹26,980AED 144.01
Feb 29Mon$1,233.90+1.16% $39.67 ₹27,266AED 145.71
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 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 2016: FAQ

What was the price of gold in February 2016?

Gold traded between $1,127.30 and $1,247.90 per troy ounce (daily closes) in February 2016, averaging $1,201.41. It closed the month at $1,233.90.

How much did gold go up in February 2016?

Gold rose 10.5%, from $1,116.40 to $1,233.90. The biggest daily rise was +4.5% on February 11, 2016 and the biggest fall −2.5% on February 16, 2016.

What was the gold price on February 1, 2016?

Gold closed at $1,127.90 per troy ounce on February 1, 2016, the first trading day of the month. 24K India, ₹ per 10 g: ₹24,612.

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.