Gold Price in 2016
In 2016, the LBMA gold price rose 3.1% — from $1,112 at the start of the year to $1,146 by year-end. It reached a high of $1,342 in July and a low of $1,112 in January, averaging $1,248 for the year.
2016 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $1,112 | $1,342 (July) | $1,112 (January) | $1,146 | $1,248 |
| GBP | £780 | £1,046 (October) | £780 (January) | £937 | £932 |
| EUR | €1,026 | €1,202 (July) | €1,026 (January) | €1,096 | €1,131 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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