Distance from the record
This close sat 7.26% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 16 February 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $258.20 per troy ounce on 16 February 2001, up $3.100 (1.22%) from the previous close of $255.10.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 7.26% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $258.20 per troy ounce on 16 February 2001. That is $3.10 higher than the previous close of $255.10, a move of 1.22%.
The gold price rose on 16 February 2001, gaining $3.10 (1.22%) against the previous session's close of $255.10.
At $258.20 per troy ounce, one gram of pure gold was worth about $8.30 on 16 February 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 February 2001 18k gold was worth about $6.23 per gram and 14k about $4.84 per gram, against $8.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.5 on 16 February 2001, meaning one ounce of gold was worth roughly 57.5 ounces of silver.
It closed 7.26% below the highest close on record up to that date, which was set on 2000-09-27.