Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 16 January 2009, not the current price.See today's gold price (11 September 2026)
Gold jumps 4.0% in a single session
Gold closed at $839.30 per troy ounce on 16 January 2009, up $32.60 (4.04%) from the previous close of $806.70.
Notable session: moved more than 3% in a session.
This was a 4.04% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 16.34% 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 246 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $880.60, making this a -4.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $839.30 per troy ounce on 16 January 2009. That is $32.60 higher than the previous close of $806.70, a move of 4.04%.
The gold price rose on 16 January 2009, gaining $32.60 (4.04%) against the previous session's close of $806.70.
At $839.30 per troy ounce, one gram of pure gold was worth about $26.98 on 16 January 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 January 2009 18k gold was worth about $20.24 per gram and 14k about $15.74 per gram, against $26.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.0 on 16 January 2009, meaning one ounce of gold was worth roughly 75.0 ounces of silver.
It closed 16.34% below the highest close on record up to that date, which was set on 2008-03-18.