Gold price on October 16, 2026
Gold closed at $4,165.42 per troy ounce on Friday, October 16, 2026, and fell 0.13% from $4,170.70 at the previous close.
It sits 22.9% below the all-time closing high of $5,405.00 set on 2026-01-29, in a 52-week range of $3,948.50 to $5,405.00.
Gold is down 4.6% so far in 2026 and down 0.7% over the past week.
Silver fell 0.77% to $56.97, Platinum rose 1.09% to $1,645.50, Palladium fell 1.63% to $1,111.58.
The gold–silver ratio closed at 73.1, meaning one ounce of gold bought 73.1 ounces of silver.
| Metal | Close | Day | Week | YTD | 52-week range |
|---|---|---|---|---|---|
| Gold | $4,165.42 | -0.13% | -0.70% | -4.63% | $3,948.50 – $5,405.00 |
| Silver | $56.97 | -0.77% | -6.33% | -20.86% | $46.44 – $118.45 |
| Platinum | $1,645.50 | +1.09% | -2.45% | -26.08% | $1,522.00 – $2,811.00 |
| Palladium | $1,111.58 | -1.63% | -3.17% | -33.04% | $1,091.60 – $2,106.00 |
Gold–silver ratio at the close: 73.1 · ratio history
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