Gold price by month

Gold price in February 2024: daily prices, high, low and change

Gold closed February 2024 at $2,054.70 an ounce, up 0.31% on the month. The highest close was $2,071.10 on 1 Feb and the lowest $2,004.30 on 14 Feb. Every trading day below, with ranks and context computed from COMEX data.

Month close$2,054.7029 February 2024
Monthly change+0.3%vs $2,048.40 at the end of January 2024
Highest close$2,071.101 February 2024
Lowest close$2,004.3014 February 2024

Gold price chart, February 2024 (daily close and high-low range, US$ per ounce)

$2,000$2,020$2,040$2,060$2,080157913152022262829high close $2,071.10low close $2,004.30
$2,000$2,0501713202629$2,071.10$2,004.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = January 2024 close ($2,048.40).

Daily gold prices in February 2024 (20 trading days)

Daily gold prices, February 2024
DateOpenHighLowCloseChange% change
Thu 1 Feb best day$2,057.90$2,083.20$2,046.40$2,071.10+$22.70+1.11%
Fri 2 Feb$2,072.00$2,074.70$2,044.20$2,053.70−$17.40−0.84%
Mon 5 Feb$2,057.90$2,059.10$2,030.80$2,042.90−$10.80−0.53%
Tue 6 Feb$2,041.40$2,055.30$2,038.80$2,051.40+$8.50+0.42%
Wed 7 Feb$2,052.60$2,061.30$2,046.40$2,051.70+$0.30+0.01%
Thu 8 Feb$2,051.00$2,053.80$2,034.60$2,047.90−$3.80−0.19%
Fri 9 Feb$2,049.70$2,051.90$2,034.30$2,038.70−$9.20−0.45%
Mon 12 Feb$2,038.20$2,041.80$2,025.40$2,033.00−$5.70−0.28%
Tue 13 Feb worst day$2,033.70$2,047.30$2,002.80$2,007.20−$25.80−1.27%
Wed 14 Feb$2,006.30$2,008.80$1,996.40$2,004.30−$2.90−0.14%
Thu 15 Feb$2,004.80$2,020.20$2,001.80$2,014.90+$10.60+0.53%
Fri 16 Feb$2,016.10$2,027.20$2,006.60$2,024.10+$9.20+0.46%
Tue 20 Feb$2,027.70$2,042.70$2,023.90$2,039.80+$15.70+0.78%
Wed 21 Feb$2,036.20$2,043.50$2,030.90$2,034.30−$5.50−0.27%
Thu 22 Feb$2,036.50$2,045.50$2,029.30$2,030.70−$3.60−0.18%
Fri 23 Feb$2,034.10$2,053.20$2,025.40$2,049.40+$18.70+0.92%
Mon 26 Feb$2,044.20$2,046.80$2,034.10$2,038.90−$10.50−0.51%
Tue 27 Feb$2,041.20$2,049.10$2,038.10$2,044.10+$5.20+0.26%
Wed 28 Feb$2,039.70$2,047.40$2,033.40$2,042.70−$1.40−0.07%
Thu 29 Feb$2,043.80$2,059.40$2,036.00$2,054.70+$12.00+0.59%

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 2024OpenHighLowCloseChange
Settlements$2,071.10$2,071.10$2,004.30$2,054.70+0.31%
Intraday$2,057.90$2,083.20 1 Feb$1,996.40 14 Feb$2,054.70—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2024 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 2024: summary

Gold nudged up 0.31% in February 2024, from $2,048.40 at the end of January 2024 to $2,054.70 an ounce. Gold closed higher on 9 of 20 trading days and lower on 11; the strongest session was 1 February 2024 (+1.11%) and the weakest 13 February 2024 (−1.27%). Settlement prices ranged from $2,004.30 on 14 February 2024 to $2,071.10 on 1 February 2024, a spread of $66.80 (3.3%), narrower than the 5.3% average of the previous 12 months.

How February 2024 compares

  • Against other Februaries: at +0.31%, February 2024 ranks 15th of 26 Februaries since 2001 (best first).
  • Against every month: it ranks 174th of 313 months since September 2000, better than 45% of them.
  • Range: the gap between the highest and lowest close was $66.80, or 3.3% of the opening level, 0.6× the 5.3% average of the previous 12 months.
  • Daily moves: the average day moved 0.49% (up or down), against 0.62% over the previous 12 months, so February 2024 was calmer than usual.
  • Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 5 days.
  • Bigger picture: at the month-end close gold was −0.83% for 2024 to the end of February and +11.87% over 12 months (against the February 2023 close of $1,836.70).
  • Average price: the mean of the 20 daily closes was $2,038.78; the World Bank's monthly average of the London (LBMA) price was $2,023.00.

Across the other 25 completed Februaries since 2001, gold averaged +1.27% and rose in 14 of them (56%). February 2024 lagged that average by 1.0 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 2024 in today's dollars

Adjusted for US consumer-price inflation, the $2,054.70 closing price equals about $2,222 in September 2026 dollars (CPI 311.0 in February 2024 against 336.3 in September 2026, FRED series CPIAUCSL), 8% 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 2024

The gold price in 2024 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 2024?

Gold closed February 2024 at $2,054.70 an ounce (COMEX settlement). It opened the month at $2,071.10 and averaged $2,038.78 across 20 trading days; the World Bank’s London average for the month was $2,023.00.

Did gold go up in February 2024?

Yes. Gold was up 0.31% in February 2024, from $2,048.40 at the end of January 2024 to $2,054.70. It closed higher on 9 of 20 days. Among Februaries since 2001 it ranks 15th of 26 (best first).

What was the highest gold price in February 2024?

The highest close was $2,071.10 on 1 February 2024. The highest intraday price in the daily bars was $2,083.20 on 1 February 2024.

What was the lowest gold price in February 2024?

The lowest close was $2,004.30 on 14 February 2024, $66.80 (3.3%) below the month’s highest close. The lowest intraday price was $1,996.40 on 14 February 2024.

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