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 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 22 November 2016
Gold closed at $1,195.60 per troy ounce on 11 January 2017, up $11.40 (0.96%) from the previous close of $1,184.20.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 36.70% 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 $1,096.50, making this a +9.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,195.60 per troy ounce on 11 January 2017. That is $11.40 higher than the previous close of $1,184.20, a move of 0.96%.
The gold price rose on 11 January 2017, gaining $11.40 (0.96%) against the previous session's close of $1,184.20.
At $1,195.60 per troy ounce, one gram of pure gold was worth about $38.44 on 11 January 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 January 2017 18k gold was worth about $28.83 per gram and 14k about $22.42 per gram, against $38.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.2 on 11 January 2017, meaning one ounce of gold was worth roughly 71.2 ounces of silver.
A week before 11 January 2017, gold was around $1,163.80 per troy ounce, so the close of $1,195.60 is a gain of 2.7% over the week.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 36.70% below the highest close on record up to that date, which was set on 2011-08-22.