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Gold Price in 2016 | Historical Gold Prices

Annual summary, monthly averages, and key events that shaped gold prices in 2016

← 201520162017 →

Jan 1

$1,073

Opening Price

Dec 31

$1,151

Closing Price

Year High

$1,366

Annual High

Year Low

$1,073

Annual Low

Annual Avg

$1,250

Average Price

vs 2015

+8.6%

Annual Change

Monthly Gold Price Chart — 2016

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,097High: $1,342

Monthly Average Gold Prices — 2016

MonthAvg Price (USD/oz)vs Prev Month
Jan 2016$1,097+2.2%
Feb 2016$1,209+10.2%
Mar 2016$1,234+2.1%
Apr 2016$1,241+0.6%
May 2016$1,258+1.4%
Jun 2016$1,287+2.3%
Jul 2016$1,322+2.7%
Aug 2016$1,342+1.5%
Sep 2016$1,325-1.3%
Oct 2016$1,263-4.7%
Nov 2016$1,226-2.9%
Dec 2016$1,159-5.5%

What Happened to Gold in 2016?

Gold had a strong first half of 2016, rising to $1,366 in July after Brexit shocked global markets. The Fed raised rates only once (in December vs expected 4 times), helping gold. Trump's election victory in November initially caused a sell-off, then recovery. China and India resumed strong buying after 2015's price decline.

Browse All Years

2000-5.5%2001+1.1%2002+25.2%2003+19.9%2004+5.3%2005+17.1%2006+23.9%2007+31.1%2008+4.3%2009+24.9%2010+29.5%2011+10.2%2012+7%2013-28.3%2014-1.7%2015-10.5%2016+8.6%2017+13.1%2018-1.8%2019+18.6%2020+25.1%2021-4.3%2022+1%2023+13.1%2024+27.3%2025+12.4%2026+54.7%

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