Gold in February: seasonality and history
Since 2001, gold has risen in February in 58% of years (15 of 26), with an average return of +1.23% and a median of +0.87%. That makes February its #6 month of 12.
Average+1.23%
Years up58%
Best year2026 · +10.60%
Worst year2021 · −6.41%
The seasonal path through February
Cumulative sum of each day's average return through February, all years since 2001.
| Strongest days | Avg | Up |
|---|---|---|
| Feb 8 | +0.52% | 67% |
| Feb 21 | +0.49% | 62% |
| Feb 1 | +0.49% | 72% |
| Weakest days | Avg | Up |
|---|---|---|
| Feb 2 | −0.46% | 33% |
| Feb 25 | −0.44% | 33% |
| Feb 12 | −0.33% | 53% |
Seasonal trend windows touching February
- ▼ Bearish Feb 25 – Mar 2 · 7 days · seasonal Σ −1.46%
February in recent years
| Year | Gold in February |
|---|---|
| 2026 | +10.60% |
| 2025 | +1.28% |
| 2024 | +0.31% |
| 2023 | −4.81% |
| 2022 | +5.89% |
| 2021 | −6.41% |
| 2020 | −1.19% |
| 2019 | −0.52% |
| 2018 | −1.76% |
| 2017 | +3.64% |
Questions
Is February a good month for gold?
On average, yes: +1.23% since 2001, rising in 58% of years. But the range is wide, from −6.41% in 2021 to +10.60% in 2026, so an average is a tendency, not a forecast.
What are the strongest days in February?
Feb 8 (+0.52%, up 67% of years), Feb 21 (+0.49%, up 62% of years), Feb 1 (+0.49%, up 72% of years).