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Gold's highest closing price on record
Gold closed at $4,713.90 per troy ounce on 1 January 2026, up $388.30 (8.98%) from the previous close of $4,325.60.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,812.50, making this a +67.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,713.90 per troy ounce on 1 January 2026. That is $388.30 higher than the previous close of $4,325.60, a move of 8.98%.
The gold price rose on 1 January 2026, gaining $388.30 (8.98%) against the previous session's close of $4,325.60.
At $4,713.90 per troy ounce, one gram of pure gold was worth about $151.56 on 1 January 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2026 18k gold was worth about $113.67 per gram and 14k about $88.41 per gram, against $151.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.2 on 1 January 2026, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 1 January 2026, gold was around $4,480.60 per troy ounce, so the close of $4,713.90 is a gain of 5.2% over the week.
A month before 1 January 2026, gold was around $4,325.60 per troy ounce, so the close of $4,713.90 is a gain of 9.0% over the month.
A year before 1 January 2026, gold was around $2,812.50 per troy ounce. The close of $4,713.90 therefore represents a rise of 67.6% over twelve months.