Gold Price in 2016
The gold price rose 8.5% in 2016, from $1,061 at the end of 2015 to $1,151. Its highest close was $1,373 on Aug 2, and its lowest $1,074 on Jan 14. The biggest one-day fall was −3.3% on Oct 4 and the biggest rise +4.7% on Jun 24. Adjusted for inflation, it gained 6.3%.
Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2016 →
Gold Price, daily closes 2016
Numbers mark the events belowKey Events in 2016
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, June 23UK votes 51.9% to 48.1% to leave the EU; sterling falls to its lowest level since 1985 as results come in. SourceGold: −0.5% that day · +4.2% a month later
- 2
Friday, June 24 From the dataBiggest one-day rise of the year: +4.7%.
- 3
Tuesday, October 4 From the dataBiggest one-day fall of the year: −3.3%.
- 4
Tuesday, November 8Donald Trump wins the US presidential election. SourceGold: −0.5% that day · −8.7% a month later
Biggest days of 2016
| Best days | Worst days | ||
|---|---|---|---|
| Jun 24 | +4.7% | Oct 4 | −3.3% |
| Feb 11 | +4.5% | Nov 11 | −2.5% |
| Feb 8 | +3.5% | Feb 16 | −2.5% |
| Mar 17 | +2.8% | May 9 | −2.1% |
| Jun 3 | +2.7% | Nov 23 | −2.0% |
Volatility: 15.7% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $1,116 | +5.2% |
| Feb | $1,234 | +10.6% |
| Mar | $1,236 | +0.1% |
| Apr | $1,291 | +4.4% |
| May | $1,215 | −5.9% |
| Jun | $1,321 | +8.7% |
| Jul | $1,358 | +2.8% |
| Aug | $1,309 | −3.6% |
| Sep | $1,316 | +0.5% |
| Oct | $1,277 | −3.0% |
| Nov | $1,173 | −8.1% |
| Dec | $1,151 | −1.9% |
Other Markets in 2016
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | +8.5% | $1,151 |
| Dow Jones Industrial Average in 2016 | +13.4% | 19,762.60 |
| S&P 500 in 2016 | +9.5% | 2,238.83 |
| Nasdaq Composite in 2016 | +7.8% | 5,440.17 |
| Russell 2000 in 2016 | +19.5% | 1,357.13 |
| Nikkei 225 in 2016 | +0.4% | 19,114.37 |
| Silver in 2016 | +14.9% | $15.90 |
| WTI crude oil in 2016 | +45.0% | $53.72 |
| Brent crude oil in 2016 | +50.6% | $56.13 |
| US 10-year Treasury yield in 2016 | +0.18 pp | 2.45% |
Gold Price in 2016: FAQ
How much did the gold price rise in 2016?
The gold price rose 8.5% in 2016, from $1,061 at the end of 2015 to $1,151. Its highest close was $1,373 on Aug 2, and its lowest $1,074 on Jan 14. The biggest one-day fall was −3.3% on Oct 4 and the biggest rise +4.7% on Jun 24. Adjusted for inflation, it gained 6.3%.
What were the highest and lowest closes of the gold price in 2016?
Highest: $1,373 on August 2, 2016. Lowest: $1,074 on January 14, 2016. It closed higher on 125 of 255 trading days.
What happened to the gold price on June 23, 2016?
UK votes 51.9% to 48.1% to leave the EU; sterling falls to its lowest level since 1985 as results come in. The gold price fell 0.5% that day, and was +4.2% a month later.
Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
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{corgano2026goldpricein2016, author = {{Corgano}}, title = {Gold Price in 2016}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2016}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}