Gold Price in 2016
Gold averaged $1,249.84 per troy ounce in 2016 ($40.18 per gram), trading between $1,072.70 and $1,370.00. Over the year it gained 8.1%, from $1,072.70 to $1,159.10.
Compared with the 2016 average, the latest close of $4,206.42 is higher by 237%.
Average
$1,249.84
Open
$1,072.70
High
$1,370.00
Low
$1,072.70
Average price per gram by karat in 2016
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $40.14 | $401.43 |
| 22k | $36.81 | $368.08 |
| 18k | $30.14 | $301.38 |
| 14k | $23.51 | $235.07 |
| 10k | $16.76 | $167.56 |
Frequently asked questions
What was the average gold price in 2016?
The average gold price in 2016 was $1,249.84 per troy ounce, or $40.18 per gram.
What was the highest gold price in 2016?
Gold reached a high of $1,370.00 per ounce in 2016, and a low of $1,072.70.
Did gold go up or down in 2016?
Gold rose 8.1% in 2016, from $1,072.70 to $1,159.10 per ounce.
How much was 1 gram of 24k gold in 2016?
On average $40.18 per gram of 24k gold, $36.81 for 22k and $23.51 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.