Gold Price in February 2022
In February 2022, gold rose 5.9%, from $1,795.00 at the end of January to $1,900.70 per troy ounce on February 28, 2022. The highest close was $1,926.30 on February 24, 2022, the lowest $1,801.50 on February 1, 2022, and the average over 19 trading days was $1,858.99. Today's price is 111.7% higher than the February 2022 close.
- Gold rose 5.9% in US dollars in February 2022, leaving it up 3.9% for the year to date.
- Measured in other currencies, the change ranged from +3.1% in AUD to +10.2% in TRY, because exchange rates moved too.
- It did better than US stocks (−3.0%), and worse than silver (+8.8%) and bitcoin (+12.2%).
- It closed higher on 15 trading days and lower on 4, with an average daily move of 0.64%.
- At the end of the month it was 8.2% below its highest close since 2000.
- Gold/silver ratio: 80.2 → 78.0.
Gold price chart, February 2022
US dollars per troy ounce · daily closeGold in other currencies, February 2022
| Currency | Change in the month |
|---|---|
| TRY | +10.2% |
| JPY | +6.2% |
| GBP | +6.1% |
| INR | +5.9% |
| CAD | +5.9% |
| PKR | +5.8% |
| EUR | +5.6% |
| CHF | +5.4% |
| CNY | +5.3% |
| EGP | +5.3% |
| ZAR | +4.3% |
| AUD | +3.1% |
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 2022
| Asset | Change (USD) |
|---|---|
| Gold | +5.9% |
| Silver | +8.8% |
| Bitcoin | +12.2% |
| S&P 500 (with dividends) | −3.0% |
| US inflation (CPI, month) | +0.91% |
| Gold, year to date (end of February) | +3.9% |
| Gold/silver ratio | 80.2 → 78.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in February 2022
- Thursday, February 24Russia launches a full-scale invasion of Ukraine; Russia's RTS index falls 39%. SourceGold: +0.8% that day
Daily Gold Prices, February 2022
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 1Tue | $1,801.50 | +0.36% | $57.92 | ₹43,182 | AED 212.72 |
| Feb 2Wed | $1,810.30 | +0.49% | $58.20 | ₹43,504 | AED 213.73 |
| Feb 3Thu | $1,804.10 | −0.34% | $58.00 | ₹43,399 | AED 212.99 |
| Feb 4Fri | $1,807.80 | +0.21% | $58.12 | ₹43,385 | AED 213.42 |
| Feb 7Mon | $1,821.80 | +0.77% | $58.57 | ₹43,720 | AED 215.12 |
| Feb 8Tue | $1,827.90 | +0.33% | $58.77 | ₹43,875 | AED 215.80 |
| Feb 9Wed | $1,836.60 | +0.48% | $59.05 | ₹44,106 | AED 216.83 |
| Feb 10Thu | $1,837.40 | +0.04% | $59.07 | ₹44,192 | AED 216.92 |
| Feb 11Fri | $1,842.10 | +0.26% | $59.22 | ₹44,738 | AED 217.48 |
| Feb 14Mon | $1,869.40 | +1.48% | $60.10 | ₹45,282 | AED 220.74 |
| Feb 15Tue | $1,856.20 | −0.71% | $59.68 | ₹45,168 | AED 219.14 |
| Feb 16Wed | $1,871.50 | +0.82% | $60.17 | ₹45,233 | AED 221.00 |
| Feb 17Thu | $1,902.00 | +1.63% | $61.15 | ₹45,889 | AED 224.55 |
| Feb 18Fri | $1,899.80 | −0.12% | $61.08 | ₹45,848 | AED 224.29 |
| Feb 22Tue | $1,907.40 | +0.40% | $61.32 | ₹45,697 | AED 225.19 |
| Feb 23Wed | $1,910.40 | +0.16% | $61.42 | ₹45,834 | AED 225.54 |
| Feb 24Thu | $1,926.30 | +0.83% | $61.93 | ₹46,222 | AED 227.42 |
| Feb 25Fri | $1,887.60 | −2.01% | $60.69 | ₹45,764 | AED 222.85 |
| Feb 28Mon | $1,900.70 | +0.69% | $61.11 | ₹45,873 | AED 224.43 |
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 2022: FAQ
What was the price of gold in February 2022?
Gold traded between $1,801.50 and $1,926.30 per troy ounce (daily closes) in February 2022, averaging $1,858.99. It closed the month at $1,900.70.
How much did gold go up in February 2022?
Gold rose 5.9%, from $1,795.00 to $1,900.70. The biggest daily rise was +1.6% on February 17, 2022 and the biggest fall −2.0% on February 25, 2022.
What was the gold price on February 1, 2022?
Gold closed at $1,801.50 per troy ounce on February 1, 2022, the first trading day of the month. 24K India, ₹ per 10 g: ₹43,182.
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 2022?
Gold rose 5.9% in Indian rupee terms in February 2022, compared with +5.9% in US dollars.
Did gold beat stocks in February 2022?
Yes. Gold was +5.9% for the month, against −3.0% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2022?
US consumer prices (CPI) changed +0.91% in February, so gold's real (inflation-adjusted) change was about +4.9%.