Gold Price in February 2017
In February 2017, gold rose 3.6%, from $1,208.60 at the end of January to $1,252.60 per troy ounce on February 28, 2017. The highest close was $1,257.40 on February 27, 2017, the lowest $1,205.60 on February 1, 2017, and the average over 19 trading days was $1,234.54. Today's price is 209.5% higher than the February 2017 close.
Gold ended February higher. What usually happens in March after a higher February →
- Gold rose 3.6% in US dollars in February 2017, leaving it up 8.9% for the year to date.
- Measured in other currencies, the change ranged from −12.3% in EGP to +5.4% in PKR, because exchange rates moved too.
- It did worse than silver (+5.2%), bitcoin (+21.6%) and US stocks (+4.0%).
- It closed higher on 10 trading days and lower on 9, with an average daily move of 0.44%.
- At the end of the month it was 33.7% below its highest close since 2000.
- Gold/silver ratio: 69.0 → 68.0.
Gold price chart, February 2017
US dollars per troy ounce · daily closeGold in other currencies, February 2017
| Currency | Change in the month |
|---|---|
| PKR | +5.4% |
| CHF | +5.2% |
| EUR | +4.9% |
| CAD | +4.3% |
| GBP | +4.1% |
| CNY | +3.5% |
| JPY | +2.8% |
| AUD | +2.1% |
| INR | +1.9% |
| ZAR | −0.3% |
| TRY | −1.0% |
| EGP | −12.3% |
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 2017
| Asset | Change (USD) |
|---|---|
| Gold | +3.6% |
| Silver | +5.2% |
| Bitcoin | +21.6% |
| S&P 500 (with dividends) | +4.0% |
| US inflation (CPI, month) | +0.31% |
| Gold, year to date (end of February) | +8.9% |
| Gold/silver ratio | 69.0 → 68.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2017
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 1Wed | $1,205.60 | −0.25% | $38.76 | ₹26,164 | AED 142.32 |
| Feb 2Thu | $1,216.70 | +0.92% | $39.12 | ₹26,364 | AED 143.68 |
| Feb 3Fri | $1,218.50 | +0.15% | $39.18 | ₹26,352 | AED 143.86 |
| Feb 6Mon | $1,230.00 | +0.94% | $39.55 | ₹26,558 | AED 145.21 |
| Feb 7Tue | $1,234.20 | +0.34% | $39.68 | ₹26,663 | AED 145.71 |
| Feb 8Wed | $1,237.60 | +0.28% | $39.79 | ₹26,795 | AED 146.10 |
| Feb 9Thu | $1,235.10 | −0.20% | $39.71 | ₹26,591 | AED 145.80 |
| Feb 10Fri | $1,234.40 | −0.06% | $39.69 | ₹26,489 | AED 145.73 |
| Feb 13Mon | $1,224.40 | −0.81% | $39.37 | ₹26,313 | AED 144.55 |
| Feb 14Tue | $1,223.90 | −0.04% | $39.35 | ₹26,331 | AED 144.49 |
| Feb 15Wed | $1,231.70 | +0.64% | $39.60 | ₹26,443 | AED 145.41 |
| Feb 16Thu | $1,240.00 | +0.67% | $39.87 | ₹26,657 | AED 146.38 |
| Feb 17Fri | $1,237.60 | −0.19% | $39.79 | ₹26,725 | AED 146.10 |
| Feb 21Tue | $1,237.50 | −0.01% | $39.79 | ₹26,643 | AED 146.10 |
| Feb 22Wed | $1,232.00 | −0.44% | $39.61 | ₹26,525 | AED 145.44 |
| Feb 23Thu | $1,250.20 | +1.48% | $40.19 | ₹26,896 | AED 147.58 |
| Feb 24Fri | $1,256.90 | +0.54% | $40.41 | ₹26,947 | AED 148.37 |
| Feb 27Mon | $1,257.40 | +0.04% | $40.43 | ₹26,938 | AED 148.43 |
| Feb 28Tue | $1,252.60 | −0.38% | $40.27 | ₹26,859 | AED 147.86 |
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 2017: FAQ
What was the price of gold in February 2017?
Gold traded between $1,205.60 and $1,257.40 per troy ounce (daily closes) in February 2017, averaging $1,234.54. It closed the month at $1,252.60.
How much did gold go up in February 2017?
Gold rose 3.6%, from $1,208.60 to $1,252.60. The biggest daily rise was +1.5% on February 23, 2017 and the biggest fall −0.8% on February 13, 2017.
What was the gold price on February 1, 2017?
Gold closed at $1,205.60 per troy ounce on February 1, 2017, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,164.
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 2017?
Gold rose 1.9% in Indian rupee terms in February 2017, compared with +3.6% in US dollars.
Did gold beat stocks in February 2017?
No. Gold was +3.6% for the month, against +4.0% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2017?
US consumer prices (CPI) changed +0.31% in February, so gold's real (inflation-adjusted) change was about +3.3%.
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 2017}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2017/february}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}