Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 January 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 December 2008
Gold closed at $820.30 per troy ounce on 12 January 2009, down $34.00 (3.98%) from the previous close of $854.30.
Notable session: moved more than 3% in a session.
Gold lost 3.98% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 18.23% below the highest gold close recorded up to that date, set on 2008-03-18.
One of the ten lowest gold closes of that year, ranking 247 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $896.10, making this a -8.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $820.30 per troy ounce on 12 January 2009. That is $34.00 lower than the previous close of $854.30, a move of -3.98%.
The gold price fell on 12 January 2009, losing $34.00 (3.98%) against the previous session's close of $854.30.
At $820.30 per troy ounce, one gram of pure gold was worth about $26.37 on 12 January 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 January 2009 18k gold was worth about $19.78 per gram and 14k about $15.38 per gram, against $26.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.5 on 12 January 2009, meaning one ounce of gold was worth roughly 76.5 ounces of silver.
A week before 12 January 2009, gold was around $857.20 per troy ounce, so the close of $820.30 is a loss of 4.3% over the week.
It closed 18.23% below the highest close on record up to that date, which was set on 2008-03-18.