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Gold · 2016

Gold price in 2016

In 2016, gold averaged $1,250 per troy ounce ($40.18 per gram) and rose 8.1% from $1,073 to $1,159. The high was $1,370 on 2016-07-06 and the low $1,073 on 2016-01-04.

Average

$1,250

Open → close

$1,073 → $1,159

High

$1,370

Low

$1,073

Month 2016Avg / ozAvg / gram
Jan$1,096$35.23
Feb$1,195$38.42
Mar$1,246$40.07
Apr$1,241$39.91
May$1,260$40.50
Jun$1,274$40.95
Jul$1,337$43.00
Aug$1,341$43.11
Sep$1,327$42.65
Oct$1,269$40.80
Nov$1,240$39.88
Dec$1,152$37.04

2016 at a glance

The range between the year's low and high was $297.30, or 27.7% of the low – a measure of how volatile gold was in 2016.

Compared with 2015, the average price increased by 7.8%, from $1,160 to $1,250 per ounce.

For a 10-gram 24k bar, the average 2016 value was $401.83. A gram of 22k gold averaged $36.81 and a gram of 18k $30.14.

Compare with today on the live gold price page.

Other years

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FAQ

Gold price 2016 FAQ

What was the gold price in 2016?
Gold averaged $1,250 per troy ounce in 2016, or $40.18 per gram. It opened at $1,073 and closed at $1,159.
What was the highest gold price in 2016?
The highest daily gold price in 2016 was $1,370 per ounce on 2016-07-06. The lowest was $1,073 on 2016-01-04.
Did gold go up in 2016?
From the first to the last trading day of 2016, gold rose 8.1% in US dollars.
How did 2016 compare with 2015?
The average gold price in 2016 was +7.8% compared with the 2015 average of $1,160 per ounce.

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