Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 16 February 2021, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 4 February 2021
Gold closed at $1,797.20 per troy ounce on 16 February 2021, down $24.40 (1.34%) from the previous close of $1,821.60.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 12.40% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,582.70, making this a +13.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,797.20 per troy ounce on 16 February 2021. That is $24.40 lower than the previous close of $1,821.60, a move of -1.34%.
The gold price fell on 16 February 2021, losing $24.40 (1.34%) against the previous session's close of $1,821.60.
At $1,797.20 per troy ounce, one gram of pure gold was worth about $57.78 on 16 February 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 February 2021 18k gold was worth about $43.34 per gram and 14k about $33.71 per gram, against $57.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.8 on 16 February 2021, meaning one ounce of gold was worth roughly 65.8 ounces of silver.
A week before 16 February 2021, gold was around $1,835.30 per troy ounce, so the close of $1,797.20 is a loss of 2.1% over the week.
A year before 16 February 2021, gold was around $1,582.70 per troy ounce. The close of $1,797.20 therefore represents a rise of 13.6% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 12.40% below the highest close on record up to that date, which was set on 2020-08-06.