Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 11 January 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 13 December 2011
Gold closed at $1,639.20 per troy ounce on 11 January 2012, up $8.200 (0.50%) from the previous close of $1,631.00.
At the time, no session earlier in the year had closed higher.
This close sat 13.21% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,384.00, making this a +18.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,639.20 per troy ounce on 11 January 2012. That is $8.20 higher than the previous close of $1,631.00, a move of 0.50%.
The gold price rose on 11 January 2012, gaining $8.20 (0.50%) against the previous session's close of $1,631.00.
At $1,639.20 per troy ounce, one gram of pure gold was worth about $52.70 on 11 January 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 January 2012 18k gold was worth about $39.53 per gram and 14k about $30.74 per gram, against $52.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.9 on 11 January 2012, meaning one ounce of gold was worth roughly 54.9 ounces of silver.
A year before 11 January 2012, gold was around $1,384.00 per troy ounce. The close of $1,639.20 therefore represents a rise of 18.4% over twelve months.
It closed 13.21% below the highest close on record up to that date, which was set on 2011-08-22.