Let $(X,d)$ be a complete metric space, $F\subset X$. Then $F$ is closed if and only if the relative metric space $(F, d_F)$ is complete.
Since $(X,d)$ is complete, Cauchy sequences in $X$ converge in $X$ with respect to $d$. Suppose $F$ is closed, then convergent sequences contained in $F$ converge in $F$. Since Cauchy sequences contained in $F$ are convergent, they must converge in $F$ under $(F, d_f)$.
Let $(x_k)_k\subset F$ be a Cauchy sequence converging to $x\in X$. Then for every $\epsilon > 0,\exists N\in\mathbb{N}$ such that $m,n\ge N\implies d_F(x_n,x_m)<\epsilon/3$. Since $(x_k)_k$ is convergent, $\forall\epsilon>0, \exists M\in\mathbb{N}$ such that $d_F(x_k, x)<\epsilon/3$. Fix $\epsilon>0$ and let $n\ge \max\{M,N\}$. Since $F$ is closed, $\exists y_\epsilon\in B_{\epsilon/3}(x)\cap F\ne \emptyset$.
Now, $$d_F(x_n, y)\le d_F(x_n, x_m)+d_F(x_m, x)+d_F(x,y)<\epsilon/3+\epsilon/3+\epsilon/3=\epsilon$$
Thus $(x_k)_k$ converges to some $y\in F$, but then $x=y$, so that $(F,d_F)$ is complete.
I'm wondering if I'm not being somewhat redundant in my attempt to make my proof more rigorous. Would appreciate some suggestions.
For the other direction, suppose $(F,d_F)$ is complete. Then every Cauchy sequence contained in $F$ converges in $F$ w.r.t. $d_F$. Let $(x_k)_k\subset F$ be Cauchy. Then $(x_k)_k$ converges to some point $x\in F$. Suppose there exists some limit point $y$ of $(F,d_F)$ not contained in $F$. Then there exists a sequence $(y_k)_k$ which converges to $y$. But then $(y_k)_k$ must be Cauchy, so that $(y_k)_k$ converges in $F$, a contradiction. Hence, $F$ is closed.
Please let me know if you find my proof satisfactory or if something better be fixed.