Gold Price in February 2011
In February 2011, gold rose 5.7%, from $1,333.80 at the end of January to $1,409.30 per troy ounce on February 28, 2011. The highest close was $1,415.30 on February 24, 2011, the lowest $1,331.50 on February 2, 2011, and the average over 19 trading days was $1,373.81. Today's price is 175.1% higher than the February 2011 close.
Gold ended February higher. What usually happens in March after a higher February →
- Gold rose 5.7% in US dollars in February 2011, leaving it down 0.8% for the year to date.
- Measured in other currencies, the change ranged from +2.8% in AUD to +6.3% in EGP, because exchange rates moved too.
- It did better than US stocks (+3.4%), and worse than silver (+20.0%).
- It closed higher on 13 trading days and lower on 6, with an average daily move of 0.48%.
- At the end of the month it was 0.9% below its highest close since 2000.
- Gold/silver ratio: 47.3 → 41.7.
Gold price chart, February 2011
US dollars per troy ounce · daily closeGold in other currencies, February 2011
| Currency | Change in the month |
|---|---|
| EGP | +6.3% |
| PKR | +6.2% |
| CNY | +5.5% |
| JPY | +5.1% |
| EUR | +4.4% |
| TRY | +4.4% |
| INR | +4.3% |
| CHF | +4.1% |
| GBP | +3.9% |
| ZAR | +3.1% |
| CAD | +3.1% |
| AUD | +2.8% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, February 2011
| Asset | Change (USD) |
|---|---|
| Gold | +5.7% |
| Silver | +20.0% |
| S&P 500 (with dividends) | +3.4% |
| US inflation (CPI, month) | +0.49% |
| Gold, year to date (end of February) | −0.8% |
| Gold/silver ratio | 47.3 → 41.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2011
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Feb 1Tue | $1,339.60 | +0.43% | $43.07 | ₹19,726 | AED 158.18 |
| Feb 2Wed | $1,331.50 | −0.60% | $42.81 | ₹19,439 | AED 157.23 |
| Feb 3Thu | $1,352.30 | +1.56% | $43.48 | ₹19,761 | AED 159.68 |
| Feb 4Fri | $1,348.30 | −0.30% | $43.35 | ₹19,750 | AED 159.22 |
| Feb 7Mon | $1,347.60 | −0.05% | $43.33 | ₹19,760 | AED 159.12 |
| Feb 8Tue | $1,363.40 | +1.17% | $43.83 | ₹19,861 | AED 160.99 |
| Feb 9Wed | $1,364.80 | +0.10% | $43.88 | ₹19,812 | AED 161.16 |
| Feb 10Thu | $1,361.90 | −0.21% | $43.79 | ₹19,857 | AED 160.82 |
| Feb 11Fri | $1,359.90 | −0.15% | $43.72 | ₹19,950 | AED 160.59 |
| Feb 14Mon | $1,364.60 | +0.35% | $43.87 | ₹20,010 | AED 161.14 |
| Feb 15Tue | $1,373.60 | +0.66% | $44.16 | ₹20,028 | AED 162.20 |
| Feb 16Wed | $1,374.70 | +0.08% | $44.20 | ₹20,070 | AED 162.33 |
| Feb 17Thu | $1,384.70 | +0.73% | $44.52 | ₹20,172 | AED 163.47 |
| Feb 18Fri | $1,388.20 | +0.25% | $44.63 | ₹20,178 | AED 163.93 |
| Feb 22Tue | $1,400.50 | +0.89% | $45.03 | ₹20,225 | AED 165.38 |
| Feb 23Wed | $1,413.40 | +0.92% | $45.44 | ₹20,517 | AED 166.90 |
| Feb 24Thu | $1,415.30 | +0.13% | $45.50 | ₹20,499 | AED 167.12 |
| Feb 25Fri | $1,408.70 | −0.47% | $45.29 | ₹20,562 | AED 166.34 |
| Feb 28Mon | $1,409.30 | +0.04% | $45.31 | ₹20,503 | AED 166.41 |
How February usually goes for gold
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Every February since 1971 →
Gold in February 2011: FAQ
What was the price of gold in February 2011?
Gold traded between $1,331.50 and $1,415.30 per troy ounce (daily closes) in February 2011, averaging $1,373.81. It closed the month at $1,409.30.
How much did gold go up in February 2011?
Gold rose 5.7%, from $1,333.80 to $1,409.30. The biggest daily rise was +1.6% on February 3, 2011 and the biggest fall −0.6% on February 2, 2011.
What was the gold price on February 1, 2011?
Gold closed at $1,339.60 per troy ounce on February 1, 2011, the first trading day of the month. 24K India, ₹ per 10 g: ₹19,726.
Is February usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in February 11 times out of 20, with an average move of +0.9% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in February 2011?
Gold rose 4.3% in Indian rupee terms in February 2011, compared with +5.7% in US dollars.
Did gold beat stocks in February 2011?
Yes. Gold was +5.7% for the month, against +3.4% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2011?
US consumer prices (CPI) changed +0.49% in February, so gold's real (inflation-adjusted) change was about +5.1%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinfebruary, author = {{Corgano}}, title = {Gold Price in February 2011}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2011/february}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}