Distance from the record
This close sat 35.42% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 26 February 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,219.80 per troy ounce on 26 February 2016, down $18.40 (1.49%) from the previous close of $1,238.20.
This close sat 35.42% 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 $1,209.60, making this a +0.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,219.80 per troy ounce on 26 February 2016. That is $18.40 lower than the previous close of $1,238.20, a move of -1.49%.
The gold price fell on 26 February 2016, losing $18.40 (1.49%) against the previous session's close of $1,238.20.
At $1,219.80 per troy ounce, one gram of pure gold was worth about $39.22 on 26 February 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 February 2016 18k gold was worth about $29.41 per gram and 14k about $22.88 per gram, against $39.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.0 on 26 February 2016, meaning one ounce of gold was worth roughly 83.0 ounces of silver.
A month before 26 February 2016, gold was around $1,121.70 per troy ounce, so the close of $1,219.80 is a gain of 8.7% over the month.
It closed 35.42% below the highest close on record up to that date, which was set on 2011-08-22.