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Gold after Brexit (23 Jun 2016)

After Brexit on 23 Jun 2016, gold was 5.2% higher three months on and 0.1% lower twelve months on, measured from the May 2016 monthly average of $1,261 a troy ounce.

Gold before
$1,261
May 2016
Gold +3 months
+5.2%
Gold +12 months
-0.1%
Silver +12 months
+0.0%
Obama · DTrump I · R$1,157$1,249$1,340Feb 2016Aug 2017

In context

UK voted to leave the EU; result known overnight.

Over the same months silver was 14.8% higher three months on and 0.0% higher twelve months on.

Of the 10 geopolitical or monetary shocks on the chart with a full year after them, this ranks 9th for gold twelve months on.

The market or central-bank moment before it on the chart: Bank of Japan goes negative (29 Jan 2016).

The one after: U.S.–Iran (2 Jan 2020).

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: gov.uk.

Open this in the chart

Updated Oct 2026 · record through Oct 2026