Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 16 February 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 February 2022
Gold closed at $1,870.20 per troy ounce on 16 February 2022, up $15.40 (0.83%) from the previous close of $1,854.80.
This was the strongest close of the week up to that point.
This close sat 8.84% 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 $1,797.20, making this a +4.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,870.20 per troy ounce on 16 February 2022. That is $15.40 higher than the previous close of $1,854.80, a move of 0.83%.
The gold price rose on 16 February 2022, gaining $15.40 (0.83%) against the previous session's close of $1,854.80.
At $1,870.20 per troy ounce, one gram of pure gold was worth about $60.13 on 16 February 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 February 2022 18k gold was worth about $45.10 per gram and 14k about $35.07 per gram, against $60.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.2 on 16 February 2022, meaning one ounce of gold was worth roughly 79.2 ounces of silver.
It closed 8.84% below the highest close on record up to that date, which was set on 2020-08-06.