Gold price by month

Gold price in February 2011: daily prices, high, low and change

Gold closed February 2011 at $1,409.30 an ounce, up 5.66% on the month. The highest close was $1,415.30 on 24 Feb and the lowest $1,331.50 on 2 Feb. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,409.3028 February 2011
Monthly change+5.7%vs $1,333.80 at the end of January 2011
Highest close$1,415.3024 February 2011
Lowest close$1,331.502 February 2011

Gold price chart, February 2011 (daily close and high-low range, US$ per ounce)

$1,320$1,340$1,360$1,380$1,400$1,4201379111517222428high close $1,415.30low close $1,331.50
$1,350$1,4001711172428$1,415.30$1,331.50

Gold line = daily settlement; bars = intraday high to low where available; dashed line = January 2011 close ($1,333.80).

Daily gold prices in February 2011 (19 trading days)

Daily gold prices, February 2011
DateOpenHighLowCloseChange% change
Tue 1 Feb$1,333.10$1,342.90$1,325.30$1,339.60+$5.80+0.43%
Wed 2 Feb worst day$1,344.00$1,344.00$1,327.00$1,331.50−$8.10−0.60%
Thu 3 Feb best day$1,335.60$1,355.80$1,324.90$1,352.30+$20.80+1.56%
Fri 4 Feb$1,354.80$1,360.00$1,345.00$1,348.30−$4.00−0.30%
Mon 7 Feb$1,345.80$1,353.80$1,343.80$1,347.60−$0.70−0.05%
Tue 8 Feb$1,351.20$1,367.00$1,350.00$1,363.40+$15.80+1.17%
Wed 9 Feb$1,362.80$1,366.50$1,359.60$1,364.80+$1.40+0.10%
Thu 10 Feb$1,364.30$1,364.50$1,351.70$1,361.90−$2.90−0.21%
Fri 11 Feb$1,364.00$1,368.80$1,355.20$1,359.90−$2.00−0.15%
Mon 14 Feb$1,357.80$1,365.60$1,356.60$1,364.60+$4.70+0.35%
Tue 15 Feb$1,361.60$1,376.00$1,361.60$1,373.60+$9.00+0.66%
Wed 16 Feb$1,373.60$1,382.00$1,370.50$1,374.70+$1.10+0.08%
Thu 17 Feb$1,377.70$1,384.70$1,377.00$1,384.70+$10.00+0.73%
Fri 18 Feb$1,384.10$1,391.80$1,381.80$1,388.20+$3.50+0.25%
Tue 22 Feb$1,395.10$1,408.70$1,395.10$1,400.50+$12.30+0.89%
Wed 23 Feb$1,397.80$1,413.80$1,397.80$1,413.40+$12.90+0.92%
Thu 24 Feb$1,415.10$1,415.30$1,408.30$1,415.30+$1.90+0.13%
Fri 25 Feb$1,401.70$1,411.00$1,401.00$1,408.70−$6.60−0.47%
Mon 28 Feb$1,410.70$1,415.70$1,407.70$1,409.30+$0.60+0.04%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.

Monthly open, high, low and close

February 2011OpenHighLowCloseChange
Settlements$1,339.60$1,415.30$1,331.50$1,409.30+5.66%
Intraday$1,333.10$1,415.70 28 Feb$1,324.90 3 Feb$1,409.30—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2011 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in February 2011: summary

Gold advanced 5.66% in February 2011, from $1,333.80 at the end of January 2011 to $1,409.30 an ounce. Gold closed higher on 13 of 19 trading days and lower on 6; the strongest session was 3 February 2011 (+1.56%) and the weakest 2 February 2011 (−0.60%). Settlement prices ranged from $1,331.50 on 2 February 2011 to $1,415.30 on 24 February 2011, a spread of $83.80 (6.3%), wider than the 5.2% average of the previous 12 months.

How February 2011 compares

  • Against other Februaries: at +5.66%, February 2011 ranks 5th of 26 Februaries since 2001 (best first).
  • Against every month: it ranks 55th of 313 months since September 2000, better than 83% of them.
  • Range: the gap between the highest and lowest close was $83.80, or 6.3% of the opening level, 1.2× the 5.2% average of the previous 12 months.
  • Daily moves: the average day moved 0.48% (up or down), against 0.75% over the previous 12 months, so February 2011 was calmer than usual.
  • Streaks: the longest run of higher closes was 8 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was −0.83% for 2011 to the end of February and +26.02% over 12 months (against the February 2010 close of $1,118.30).
  • Average price: the mean of the 19 daily closes was $1,373.81; the World Bank's monthly average of the London (LBMA) price was $1,375.00.

Across the other 25 completed Februaries since 2001, gold averaged +1.05% and rose in 14 of them (56%). February 2011 beat that average by 4.6 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Februaries side by side.

February 2011 in today's dollars

Adjusted for US consumer-price inflation, the $1,409.30 closing price equals about $2,136 in September 2026 dollars (CPI 221.9 in February 2011 against 336.3 in September 2026, FRED series CPIAUCSL), 52% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2011

The gold price in 2011 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in February 2011?

Gold closed February 2011 at $1,409.30 an ounce (COMEX settlement). It opened the month at $1,339.60 and averaged $1,373.81 across 19 trading days; the World Bank’s London average for the month was $1,375.00.

Did gold go up in February 2011?

Yes. Gold was up 5.66% in February 2011, from $1,333.80 at the end of January 2011 to $1,409.30. It closed higher on 13 of 19 days. Among Februaries since 2001 it ranks 5th of 26 (best first).

What was the highest gold price in February 2011?

The highest close was $1,415.30 on 24 February 2011. The highest intraday price in the daily bars was $1,415.70 on 28 February 2011.

What was the lowest gold price in February 2011?

The lowest close was $1,331.50 on 2 February 2011, $83.80 (6.3%) below the month’s highest close. The lowest intraday price was $1,324.90 on 3 February 2011.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.