Gold Price in February 2023
In February 2023, gold fell 4.8%, from $1,929.50 at the end of January to $1,836.70 per troy ounce on February 28, 2023. The highest close was $1,942.80 on February 1, 2023, the lowest $1,817.10 on February 24, 2023, and the average over 19 trading days was $1,864.42. Today's price is 120.0% higher than the February 2023 close.
Gold price chart, February 2023
US dollars per troy ounce · daily closeDaily Gold Prices, February 2023
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 1Wed | $1,942.80 | +0.69% | $62.46 | ₹51,075 | AED 229.37 |
| Feb 2Thu | $1,930.80 | −0.62% | $62.08 | ₹50,723 | AED 227.95 |
| Feb 3Fri | $1,876.60 | −2.81% | $60.33 | ₹49,502 | AED 221.55 |
| Feb 6Mon | $1,879.50 | +0.15% | $60.43 | ₹49,687 | AED 221.93 |
| Feb 7Tue | $1,884.80 | +0.28% | $60.60 | ₹50,148 | AED 222.52 |
| Feb 8Wed | $1,890.70 | +0.31% | $60.79 | ₹50,297 | AED 223.22 |
| Feb 9Thu | $1,878.50 | −0.65% | $60.40 | ₹49,922 | AED 221.83 |
| Feb 10Fri | $1,874.50 | −0.21% | $60.27 | ₹49,740 | AED 221.30 |
| Feb 13Mon | $1,863.50 | −0.59% | $59.91 | ₹49,436 | AED 220.04 |
| Feb 14Tue | $1,865.40 | +0.10% | $59.97 | ₹49,537 | AED 220.23 |
| Feb 15Wed | $1,845.30 | −1.08% | $59.33 | ₹49,164 | AED 217.90 |
| Feb 16Thu | $1,851.80 | +0.35% | $59.54 | ₹49,259 | AED 218.62 |
| Feb 17Fri | $1,850.20 | −0.09% | $59.49 | ₹49,192 | AED 218.48 |
| Feb 21Tue | $1,842.50 | −0.42% | $59.24 | ₹48,988 | AED 217.53 |
| Feb 22Wed | $1,841.50 | −0.05% | $59.21 | ₹49,058 | AED 217.41 |
| Feb 23Thu | $1,826.80 | −0.80% | $58.73 | ₹48,652 | AED 215.67 |
| Feb 24Fri | $1,817.10 | −0.53% | $58.42 | ₹48,266 | AED 214.53 |
| Feb 27Mon | $1,824.90 | +0.43% | $58.67 | ₹48,650 | AED 215.47 |
| Feb 28Tue | $1,836.70 | +0.65% | $59.05 | ₹48,807 | AED 216.84 |
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 2023: FAQ
What was the price of gold in February 2023?
Gold traded between $1,817.10 and $1,942.80 per troy ounce (daily closes) in February 2023, averaging $1,864.42. It closed the month at $1,836.70.
How much did gold go down in February 2023?
Gold fell 4.8%, from $1,929.50 to $1,836.70. The biggest daily rise was +0.7% on February 1, 2023 and the biggest fall −2.8% on February 3, 2023.
What was the gold price on February 1, 2023?
Gold closed at $1,942.80 per troy ounce on February 1, 2023, the first trading day of the month. 24K India, ₹ per 10 g: ₹51,075.
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.