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 22 February 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,209.50 per troy ounce on 22 February 2016, down $20.90 (1.70%) from the previous close of $1,230.40.
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 was the strongest close of the week up to that point.
This close sat 35.96% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,204.40, making this a +0.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,209.50 per troy ounce on 22 February 2016. That is $20.90 lower than the previous close of $1,230.40, a move of -1.70%.
The gold price fell on 22 February 2016, losing $20.90 (1.70%) against the previous session's close of $1,230.40.
At $1,209.50 per troy ounce, one gram of pure gold was worth about $38.89 on 22 February 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 February 2016 18k gold was worth about $29.16 per gram and 14k about $22.68 per gram, against $38.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.7 on 22 February 2016, meaning one ounce of gold was worth roughly 79.7 ounces of silver.
A week before 22 February 2016, gold was around $1,239.10 per troy ounce, so the close of $1,209.50 is a loss of 2.4% over the week.
A month before 22 February 2016, gold was around $1,097.20 per troy ounce, so the close of $1,209.50 is a gain of 10.2% over the month.
It closed 35.96% below the highest close on record up to that date, which was set on 2011-08-22.