Gold Price in February 2020
In February 2020, gold fell 1.2%, from $1,582.90 at the end of January to $1,564.10 per troy ounce on February 28, 2020. The highest close was $1,672.40 on February 24, 2020, the lowest $1,550.40 on February 4, 2020, and the average over 19 trading days was $1,595.62. Today's price is 158.4% higher than the February 2020 close.
Gold price chart, February 2020
US dollars per troy ounce · daily closeDaily Gold Prices, February 2020
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 3Mon | $1,577.20 | −0.36% | $50.71 | ₹36,255 | AED 186.23 |
| Feb 4Tue | $1,550.40 | −1.70% | $49.85 | ₹35,548 | AED 183.05 |
| Feb 5Wed | $1,557.80 | +0.48% | $50.08 | ₹35,610 | AED 183.92 |
| Feb 6Thu | $1,565.10 | +0.47% | $50.32 | ₹35,817 | AED 184.78 |
| Feb 7Fri | $1,568.60 | +0.22% | $50.43 | ₹36,044 | AED 185.20 |
| Feb 10Mon | $1,574.70 | +0.39% | $50.63 | ₹36,207 | AED 185.94 |
| Feb 11Tue | $1,565.60 | −0.58% | $50.34 | ₹35,879 | AED 184.84 |
| Feb 12Wed | $1,567.40 | +0.11% | $50.39 | ₹35,918 | AED 185.05 |
| Feb 13Thu | $1,575.10 | +0.49% | $50.64 | ₹36,105 | AED 185.96 |
| Feb 14Fri | $1,582.70 | +0.48% | $50.88 | ₹36,265 | AED 186.86 |
| Feb 18Tue | $1,600.00 | +1.09% | $51.44 | ₹36,703 | AED 188.90 |
| Feb 19Wed | $1,607.50 | +0.47% | $51.68 | ₹36,992 | AED 189.79 |
| Feb 20Thu | $1,616.60 | +0.57% | $51.97 | ₹37,332 | AED 190.86 |
| Feb 21Fri | $1,644.60 | +1.73% | $52.88 | ₹38,128 | AED 194.17 |
| Feb 24Mon | $1,672.40 | +1.69% | $53.77 | ₹38,653 | AED 197.47 |
| Feb 25Tue | $1,646.90 | −1.52% | $52.95 | ₹38,148 | AED 194.44 |
| Feb 26Wed | $1,640.00 | −0.42% | $52.73 | ₹37,895 | AED 193.62 |
| Feb 27Thu | $1,640.00 | 0.00% | $52.73 | ₹37,786 | AED 193.65 |
| Feb 28Fri | $1,564.10 | −4.63% | $50.29 | ₹36,171 | AED 184.66 |
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 2020: FAQ
What was the price of gold in February 2020?
Gold traded between $1,550.40 and $1,672.40 per troy ounce (daily closes) in February 2020, averaging $1,595.62. It closed the month at $1,564.10.
How much did gold go down in February 2020?
Gold fell 1.2%, from $1,582.90 to $1,564.10. The biggest daily rise was +1.7% on February 21, 2020 and the biggest fall −4.6% on February 28, 2020.
What was the gold price on February 3, 2020?
Gold closed at $1,577.20 per troy ounce on February 3, 2020, the first trading day of the month. 24K India, ₹ per 10 g: ₹36,255.
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.