Gold after Bank of Japan goes negative (29 Jan 2016)
After Bank of Japan goes negative on 29 Jan 2016, gold was 15.4% higher three months on and 10.8% higher twelve months on, measured from the Dec 2015 monthly average of $1,076 a troy ounce.
- Gold before
- $1,076
- Dec 2015
- Gold +3 months
- +15.4%
- Gold +12 months
- +10.8%
- Silver +12 months
- +19.9%
In context
The BoJ set a −0.1% deposit rate; in September it added yield-curve control on the 10-year JGB.
Over the same months silver was 16.3% higher three months on and 19.9% higher twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 16th for gold twelve months on.
The market or central-bank moment before it on the chart: Swiss franc unpegged (15 Jan 2015).
The one after: Brexit (23 Jun 2016).
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: boj.or.jp.
Updated Oct 2026 · record through Oct 2026