Gold price in 2016: open, high, low, close
Gold averaged $1,249.71 an ounce in 2016, moving between $1,073.90 and $1,364.90. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2016, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $1,075.10 | $1,121.70 | $1,073.90 | $1,116.40 | $1,098.00 |
| February | $1,127.90 | $1,247.90 | $1,127.30 | $1,233.90 | $1,200.00 |
| March | $1,230.30 | $1,272.00 | $1,219.90 | $1,234.20 | $1,245.00 |
| April | $1,222.20 | $1,289.20 | $1,218.00 | $1,289.20 | $1,242.00 |
| May | $1,294.70 | $1,294.70 | $1,213.80 | $1,214.80 | $1,261.00 |
| June | $1,211.90 | $1,323.90 | $1,209.80 | $1,318.40 | $1,276.00 |
| July | $1,336.70 | $1,364.90 | $1,318.80 | $1,349.00 | $1,337.00 |
| August | $1,351.40 | $1,364.40 | $1,306.90 | $1,306.90 | $1,340.00 |
| September | $1,312.20 | $1,349.40 | $1,305.80 | $1,313.30 | $1,327.00 |
| October | $1,309.00 | $1,309.00 | $1,248.90 | $1,271.50 | $1,267.00 |
| November | $1,286.40 | $1,306.80 | $1,170.80 | $1,170.80 | $1,238.00 |
| December | $1,166.90 | $1,175.10 | $1,127.80 | $1,150.00 | $1,157.00 |
Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.
Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.
Gold in 2016: the numbers
In 2016, gold averaged $1,249.71 an ounce, measured by daily COMEX settlement prices. It opened the year at $1,075.10, reached a high of $1,364.90 in July 2016 and a low of $1,073.90 in January 2016, and closed at $1,150.00, a change of +8.5% from the end of 2015. 6 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $1,594 in September 2026 dollars.
For context, gold closed 2015 at $1,060.30 and 2017 at $1,306.30 (+13.6% in 2017).
How this compares with the whole record
The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2016 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.
Frequently asked questions
What was the gold price in 2016?
Gold averaged $1,249.71 per troy ounce in 2016, measured by daily COMEX settlement prices. It opened the year at $1,075.10 and closed at $1,150.00.
What was the highest gold price in 2016?
The highest daily settlement in 2016 was $1,364.90, in July 2016. Intraday highs were slightly higher.
What was the lowest gold price in 2016?
The lowest daily settlement in 2016 was $1,073.90, in January 2016.
Did gold go up or down in 2016?
Gold up +8.5% in 2016, from $1,060.30 at the end of 2015 to $1,150.00. Adjusted for inflation, that closing price is about $1,594 in September 2026 dollars.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.