Gold price and price trends
The average price of gold price increased by 10.3% to US$1,247/oz in 2016 compared to US$1,130/oz in 2015.
The gold price grew by 8.6% to US$1,152/oz as at the end of 2016 from close price of US$1,061/oz as at the end of 2015 with an upward trend in the first half of 2016 picking in August at US$1,366/oz following a sharp decline throughout November and December.
Quarterly average price, US$/oz
|2016||2015||YoY Change, %|