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Gold Price in July 2016

In July 2016, gold rose 2.3%, from $1,318.40 at the end of June to $1,349.00 per troy ounce on July 29, 2016. The highest close was $1,364.90 on July 6, 2016, the lowest $1,318.80 on July 20, 2016, and the average over 20 trading days was $1,337.21. Today's price is 206.4% higher than the July 2016 close.

End of June
$1,318.40
Month-end close
$1,349.00
Jul 29
Change
+2.3%
High
$1,364.90
Jul 6
Low
$1,318.80
Jul 20
Average
$1,337.21
20 trading days

Gold price chart, July 2016

US dollars per troy ounce · daily close
$1,315$1,342$1,369Jun 30Jul 6Jul 12Jul 15Jul 20Jul 26Jul 29

Daily Gold Prices, July 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
Jul 1Fri$1,336.70+1.39% $42.98 ₹29,009AED 157.80
Jul 5Tue$1,356.40+1.47% $43.61 ₹29,322AED 160.14
Jul 6Wed$1,364.90+0.63% $43.88 ₹29,588AED 161.15
Jul 7Thu$1,360.10−0.35% $43.73 ₹29,473AED 160.58
Jul 8Fri$1,356.60−0.26% $43.62 ₹29,439AED 160.15
Jul 11Mon$1,355.00−0.12% $43.56 ₹29,246AED 159.97
Jul 12Tue$1,334.10−1.54% $42.89 ₹28,800AED 157.50
Jul 13Wed$1,342.40+0.62% $43.16 ₹28,861AED 158.48
Jul 14Thu$1,331.30−0.83% $42.80 ₹28,680AED 157.17
Jul 15Fri$1,326.50−0.36% $42.65 ₹28,505AED 156.60
Jul 18Mon$1,328.40+0.14% $42.71 ₹28,672AED 156.83
Jul 19Tue$1,331.50+0.23% $42.81 ₹28,741AED 157.20
Jul 20Wed$1,318.80−0.95% $42.40 ₹28,496AED 155.70
Jul 21Thu$1,330.50+0.89% $42.78 ₹28,730AED 157.08
Jul 22Fri$1,323.10−0.56% $42.54 ₹28,566AED 156.20
Jul 25Mon$1,319.30−0.29% $42.42 ₹28,481AED 155.76
Jul 26Tue$1,320.70+0.11% $42.46 ₹28,621AED 155.96
Jul 27Wed$1,326.60+0.45% $42.65 ₹28,697AED 156.65
Jul 28Thu$1,332.30+0.43% $42.83 ₹28,726AED 157.29
Jul 29Fri$1,349.00+1.25% $43.37 ₹29,062AED 159.26
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 July usually goes for gold

In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%.

Gold in July 2016: FAQ

What was the price of gold in July 2016?

Gold traded between $1,318.80 and $1,364.90 per troy ounce (daily closes) in July 2016, averaging $1,337.21. It closed the month at $1,349.00.

How much did gold go up in July 2016?

Gold rose 2.3%, from $1,318.40 to $1,349.00. The biggest daily rise was +1.5% on July 5, 2016 and the biggest fall −1.5% on July 12, 2016.

What was the gold price on July 1, 2016?

Gold closed at $1,336.70 per troy ounce on July 1, 2016, the first trading day of the month. 24K India, ₹ per 10 g: ₹29,009.

Is July usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Past seasonal patterns are not a reliable guide to any single year.