Gold price in February 2016: daily prices, high, low and change
Gold closed February 2016 at $1,233.90 an ounce, up 10.52% on the month. The highest close was $1,247.90 on 11 Feb and the lowest $1,127.30 on 2 Feb. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, February 2016 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = January 2016 close ($1,116.40).
Daily gold prices in February 2016 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 1 Feb | $1,116.70 | $1,130.00 | $1,115.30 | $1,127.90 | +$11.50 | +1.03% |
| Tue 2 Feb | $1,128.30 | $1,131.40 | $1,123.00 | $1,127.30 | −$0.60 | −0.05% |
| Wed 3 Feb | $1,128.50 | $1,146.00 | $1,125.00 | $1,141.30 | +$14.00 | +1.24% |
| Thu 4 Feb | $1,142.50 | $1,157.60 | $1,141.00 | $1,157.60 | +$16.30 | +1.43% |
| Fri 5 Feb | $1,155.60 | $1,174.80 | $1,146.00 | $1,157.80 | +$0.20 | +0.02% |
| Mon 8 Feb | $1,173.50 | $1,200.40 | $1,165.00 | $1,197.90 | +$40.10 | +3.46% |
| Tue 9 Feb | $1,188.70 | $1,199.20 | $1,186.70 | $1,198.70 | +$0.80 | +0.07% |
| Wed 10 Feb | $1,189.80 | $1,197.70 | $1,182.10 | $1,194.70 | −$4.00 | −0.33% |
| Thu 11 Feb best day | $1,205.60 | $1,260.80 | $1,204.60 | $1,247.90 | +$53.20 | +4.45% |
| Fri 12 Feb | $1,247.80 | $1,247.80 | $1,233.50 | $1,239.10 | −$8.80 | −0.71% |
| Tue 16 Feb worst day | $1,233.10 | $1,233.60 | $1,193.60 | $1,207.90 | −$31.20 | −2.52% |
| Wed 17 Feb | $1,196.50 | $1,212.90 | $1,196.50 | $1,211.10 | +$3.20 | +0.26% |
| Thu 18 Feb | $1,209.60 | $1,239.20 | $1,201.60 | $1,226.10 | +$15.00 | +1.24% |
| Fri 19 Feb | $1,230.80 | $1,232.80 | $1,221.80 | $1,230.40 | +$4.30 | +0.35% |
| Mon 22 Feb | $1,226.10 | $1,226.10 | $1,203.00 | $1,209.50 | −$20.90 | −1.70% |
| Tue 23 Feb | $1,207.40 | $1,226.10 | $1,207.40 | $1,222.30 | +$12.80 | +1.06% |
| Wed 24 Feb | $1,230.00 | $1,250.10 | $1,230.00 | $1,238.70 | +$16.40 | +1.34% |
| Thu 25 Feb | $1,239.40 | $1,241.50 | $1,235.00 | $1,238.20 | −$0.50 | −0.04% |
| Fri 26 Feb | $1,232.40 | $1,239.10 | $1,212.20 | $1,219.80 | −$18.40 | −1.49% |
| Mon 29 Feb | $1,218.60 | $1,241.00 | $1,218.60 | $1,233.90 | +$14.10 | +1.16% |
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 2016 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,127.90 | $1,247.90 | $1,127.30 | $1,233.90 | +10.52% |
| Intraday | $1,116.70 | $1,260.80 11 Feb | $1,115.30 1 Feb | $1,233.90 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2016 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 2016: summary
Gold surged 10.52% in February 2016, closing the month at $1,233.90 an ounce against $1,116.40 at the end of January 2016. Settlement prices ranged from $1,127.30 on 2 February 2016 to $1,247.90 on 11 February 2016, a spread of $120.60 (10.8%), wider than the 5.2% average of the previous 12 months. Gold closed higher on 13 of 20 trading days and lower on 7; the strongest session was 11 February 2016 (+4.45%) and the weakest 16 February 2016 (−2.52%).
That was the biggest monthly gain since January 2012. The $1,247.90 close on 11 February 2016 was gold's highest since 5 February 2015.
How February 2016 compares
- Against other Februaries: at +10.52%, February 2016 ranks 2nd of 26 Februaries since 2001 (best first).
- Against every month: it ranks 7th of 313 months since September 2000, better than 98% of them.
- Range: the gap between the highest and lowest close was $120.60, or 10.8% of the opening level, 2.1× the 5.2% average of the previous 12 months.
- Daily moves: the average day moved 1.20% (up or down), against 0.70% over the previous 12 months, so February 2016 was more volatile than usual.
- Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +16.37% for 2016 to the end of February and +1.76% over 12 months (against the February 2015 close of $1,212.60).
- Average price: the mean of the 20 daily closes was $1,201.40; the World Bank's monthly average of the London (LBMA) price was $1,200.00.
Across the other 25 completed Februaries since 2001, gold averaged +0.86% and rose in 14 of them (56%). February 2016 beat that average by 9.7 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 2016 in today's dollars
Adjusted for US consumer-price inflation, the $1,233.90 closing price equals about $1,748 in September 2026 dollars (CPI 237.3 in February 2016 against 336.3 in September 2026, FRED series CPIAUCSL), 42% 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 2016
The gold price in 2016 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 2016?
Gold closed February 2016 at $1,233.90 an ounce (COMEX settlement). It opened the month at $1,127.90 and averaged $1,201.40 across 20 trading days; the World Bank’s London average for the month was $1,200.00.
Did gold go up in February 2016?
Yes. Gold was up 10.52% in February 2016, from $1,116.40 at the end of January 2016 to $1,233.90. It closed higher on 13 of 20 days. Among Februaries since 2001 it ranks 2nd of 26 (best first).
What was the highest gold price in February 2016?
The highest close was $1,247.90 on 11 February 2016. The highest intraday price in the daily bars was $1,260.80 on 11 February 2016.
What was the lowest gold price in February 2016?
The lowest close was $1,127.30 on 2 February 2016, $120.60 (10.8%) below the month’s highest close. The lowest intraday price was $1,115.30 on 1 February 2016.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.