Gold price in July 2016: daily prices, high, low and change
Gold closed July 2016 at $1,349.00 an ounce, up 2.32% on the month. The highest close was $1,364.90 on 6 Jul and the lowest $1,318.80 on 20 Jul. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, July 2016 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2016 close ($1,318.40).
Daily gold prices in July 2016 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Fri 1 Jul | $1,324.50 | $1,344.20 | $1,321.90 | $1,336.70 | +$18.30 | +1.39% |
| Tue 5 Jul best day | $1,342.20 | $1,356.80 | $1,339.70 | $1,356.40 | +$19.70 | +1.47% |
| Wed 6 Jul | $1,359.00 | $1,374.90 | $1,359.00 | $1,364.90 | +$8.50 | +0.63% |
| Thu 7 Jul | $1,366.80 | $1,368.60 | $1,350.50 | $1,360.10 | −$4.80 | −0.35% |
| Fri 8 Jul | $1,361.30 | $1,365.80 | $1,335.00 | $1,356.60 | −$3.50 | −0.26% |
| Mon 11 Jul | $1,371.70 | $1,371.80 | $1,353.00 | $1,355.00 | −$1.60 | −0.12% |
| Tue 12 Jul worst day | $1,353.60 | $1,356.00 | $1,330.30 | $1,334.10 | −$20.90 | −1.54% |
| Wed 13 Jul | $1,341.50 | $1,342.40 | $1,336.70 | $1,342.40 | +$8.30 | +0.62% |
| Thu 14 Jul | $1,341.40 | $1,341.40 | $1,322.70 | $1,331.30 | −$11.10 | −0.83% |
| Fri 15 Jul | $1,333.70 | $1,333.70 | $1,322.90 | $1,326.50 | −$4.80 | −0.36% |
| Mon 18 Jul | $1,327.50 | $1,335.00 | $1,326.20 | $1,328.40 | +$1.90 | +0.14% |
| Tue 19 Jul | $1,328.50 | $1,333.20 | $1,326.40 | $1,331.50 | +$3.10 | +0.23% |
| Wed 20 Jul | $1,331.00 | $1,337.50 | $1,315.50 | $1,318.80 | −$12.70 | −0.95% |
| Thu 21 Jul | $1,312.80 | $1,330.50 | $1,312.80 | $1,330.50 | +$11.70 | +0.89% |
| Fri 22 Jul | $1,330.70 | $1,330.70 | $1,320.40 | $1,323.10 | −$7.40 | −0.56% |
| Mon 25 Jul | $1,315.70 | $1,319.30 | $1,313.80 | $1,319.30 | −$3.80 | −0.29% |
| Tue 26 Jul | $1,315.20 | $1,320.70 | $1,315.20 | $1,320.70 | +$1.40 | +0.11% |
| Wed 27 Jul | $1,326.00 | $1,326.60 | $1,326.00 | $1,326.60 | +$5.90 | +0.45% |
| Thu 28 Jul | $1,339.50 | $1,344.30 | $1,330.10 | $1,332.30 | +$5.70 | +0.43% |
| Fri 29 Jul | $1,333.20 | $1,353.30 | $1,325.80 | $1,349.00 | +$16.70 | +1.25% |
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
| July 2016 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,336.70 | $1,364.90 | $1,318.80 | $1,349.00 | +2.32% |
| Intraday | $1,324.50 | $1,374.90 6 Jul | $1,312.80 21 Jul | $1,349.00 | — |
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 July 2016: summary
Gold gained 2.32% in July 2016, from $1,318.40 at the end of June 2016 to $1,349.00 an ounce. Settlement prices ranged from $1,318.80 on 20 July 2016 to $1,364.90 on 6 July 2016, a spread of $46.10 (3.5%), narrower than the 6.4% average of the previous 12 months. Gold closed higher on 11 of 20 trading days and lower on 9; the strongest session was 5 July 2016 (+1.47%) and the weakest 12 July 2016 (−1.54%).
The $1,364.90 close on 6 July 2016 was gold's highest since 17 March 2014.
How July 2016 compares
- Against other Julys: at +2.32%, July 2016 ranks 8th of 26 Julys since 2001 (best first).
- Against every month: it ranks 121st of 313 months since September 2000, better than 62% of them.
- Range: the gap between the highest and lowest close was $46.10, or 3.5% of the opening level, 0.5× the 6.4% average of the previous 12 months.
- Daily moves: the average day moved 0.64% (up or down), against 0.77% over the previous 12 months, so July 2016 was calmer than usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +27.23% for 2016 to the end of July and +23.21% over 12 months (against the July 2015 close of $1,094.90).
- Average price: the mean of the 20 daily closes was $1,337.21; the World Bank's monthly average of the London (LBMA) price was $1,337.00.
Across the other 25 completed Julys since 2001, gold averaged +0.87% and rose in 14 of them (56%). July 2016 beat that average by 1.4 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Julys side by side.
July 2016 in today's dollars
Adjusted for US consumer-price inflation, the $1,349.00 closing price equals about $1,889 in September 2026 dollars (CPI 240.1 in July 2016 against 336.3 in September 2026, FRED series CPIAUCSL), 40% 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 July 2016?
Gold closed July 2016 at $1,349.00 an ounce (COMEX settlement). It opened the month at $1,336.70 and averaged $1,337.21 across 20 trading days; the World Bank’s London average for the month was $1,337.00.
Did gold go up in July 2016?
Yes. Gold was up 2.32% in July 2016, from $1,318.40 at the end of June 2016 to $1,349.00. It closed higher on 11 of 20 days. Among Julys since 2001 it ranks 8th of 26 (best first).
What was the highest gold price in July 2016?
The highest close was $1,364.90 on 6 July 2016. The highest intraday price in the daily bars was $1,374.90 on 6 July 2016.
What was the lowest gold price in July 2016?
The lowest close was $1,318.80 on 20 July 2016, $46.10 (3.5%) below the month’s highest close. The lowest intraday price was $1,312.80 on 21 July 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.