Gold Price in February 2018
In February 2018, gold fell 1.8%, from $1,339.00 at the end of January to $1,315.50 per troy ounce on February 28, 2018. The highest close was $1,355.50 on February 14, 2018, the lowest $1,311.60 on February 7, 2018, and the average over 19 trading days was $1,330.06. Today's price is 194.7% higher than the February 2018 close.
Gold ended February lower. What usually happens in March after a lower February →
- Gold fell 1.8% in US dollars in February 2018, leaving it up 0.7% for the year to date.
- Measured in other currencies, the change ranged from −3.9% in ZAR to +2.1% in AUD, because exchange rates moved too.
- It did better than silver (−5.1%) and US stocks (−3.7%), and worse than bitcoin (+1.7%).
- It closed higher on 9 trading days and lower on 9, with an average daily move of 0.55%.
- At the end of the month it was 30.3% below its highest close since 2000.
- Gold/silver ratio: 77.8 → 80.6.
Gold price chart, February 2018
US dollars per troy ounce · daily closeGold in other currencies, February 2018
| Currency | Change in the month |
|---|---|
| AUD | +2.1% |
| CAD | +1.7% |
| GBP | 0.0% |
| INR | 0.0% |
| EUR | −0.3% |
| TRY | −0.7% |
| CHF | −1.3% |
| PKR | −1.8% |
| EGP | −1.8% |
| CNY | −1.8% |
| JPY | −2.9% |
| ZAR | −3.9% |
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 2018
| Asset | Change (USD) |
|---|---|
| Gold | −1.8% |
| Silver | −5.1% |
| Bitcoin | +1.7% |
| S&P 500 (with dividends) | −3.7% |
| US inflation (CPI, month) | +0.45% |
| Gold, year to date (end of February) | +0.7% |
| Gold/silver ratio | 77.8 → 80.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, February 2018
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 1Thu | $1,344.30 | +0.40% | $43.22 | ₹27,516 | AED 158.71 |
| Feb 2Fri | $1,333.70 | −0.79% | $42.88 | ₹27,432 | AED 157.45 |
| Feb 5Mon | $1,333.00 | −0.05% | $42.86 | ₹27,485 | AED 157.37 |
| Feb 6Tue | $1,326.10 | −0.52% | $42.64 | ₹27,421 | AED 156.56 |
| Feb 7Wed | $1,311.60 | −1.09% | $42.17 | ₹26,980 | AED 154.85 |
| Feb 8Thu | $1,316.90 | +0.40% | $42.34 | ₹27,182 | AED 155.47 |
| Feb 9Fri | $1,313.10 | −0.29% | $42.22 | ₹27,205 | AED 155.02 |
| Feb 12Mon | $1,324.20 | +0.85% | $42.57 | ₹27,337 | AED 156.34 |
| Feb 13Tue | $1,328.10 | +0.29% | $42.70 | ₹27,449 | AED 156.80 |
| Feb 14Wed | $1,355.50 | +2.06% | $43.58 | ₹28,000 | AED 160.03 |
| Feb 15Thu | $1,352.10 | −0.25% | $43.47 | ₹27,832 | AED 159.63 |
| Feb 16Fri | $1,353.20 | +0.08% | $43.51 | ₹27,797 | AED 159.79 |
| Feb 20Tue | $1,328.80 | −1.80% | $42.72 | ₹27,558 | AED 156.88 |
| Feb 21Wed | $1,330.00 | +0.09% | $42.76 | ₹27,737 | AED 157.01 |
| Feb 22Thu | $1,330.60 | +0.05% | $42.78 | ₹27,762 | AED 157.09 |
| Feb 23Fri | $1,328.20 | −0.18% | $42.70 | ₹27,736 | AED 156.81 |
| Feb 26Mon | $1,330.70 | +0.19% | $42.78 | ₹27,682 | AED 157.10 |
| Feb 27Tue | $1,315.50 | −1.14% | $42.29 | ₹27,398 | AED 155.31 |
| Feb 28Wed | $1,315.50 | 0.00% | $42.29 | ₹27,453 | AED 155.31 |
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 2018: FAQ
What was the price of gold in February 2018?
Gold traded between $1,311.60 and $1,355.50 per troy ounce (daily closes) in February 2018, averaging $1,330.06. It closed the month at $1,315.50.
How much did gold go down in February 2018?
Gold fell 1.8%, from $1,339.00 to $1,315.50. The biggest daily rise was +2.1% on February 14, 2018 and the biggest fall −1.8% on February 20, 2018.
What was the gold price on February 1, 2018?
Gold closed at $1,344.30 per troy ounce on February 1, 2018, the first trading day of the month. 24K India, ₹ per 10 g: ₹27,516.
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 2018?
Gold rose 0.0% in Indian rupee terms in February 2018, compared with −1.8% in US dollars.
Did gold beat stocks in February 2018?
Yes. Gold was −1.8% for the month, against −3.7% for the S&P 500 with dividends.
Did gold keep up with inflation in February 2018?
US consumer prices (CPI) changed +0.45% in February, so gold's real (inflation-adjusted) change was about −2.2%.
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 2018}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2018/february}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}