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 16 January 2019, not the current price.See today's gold price (11 September 2026)
Highest closing price since 3 January 2019
Gold closed at $1,291.60 per troy ounce on 16 January 2019, up $5.400 (0.42%) from the previous close of $1,286.20.
This was the strongest close of the week up to that point.
This close sat 31.61% 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 $1,335.40, making this a -3.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,291.60 per troy ounce on 16 January 2019. That is $5.40 higher than the previous close of $1,286.20, a move of 0.42%.
The gold price rose on 16 January 2019, gaining $5.40 (0.42%) against the previous session's close of $1,286.20.
At $1,291.60 per troy ounce, one gram of pure gold was worth about $41.53 on 16 January 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 January 2019 18k gold was worth about $31.14 per gram and 14k about $24.22 per gram, against $41.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.0 on 16 January 2019, meaning one ounce of gold was worth roughly 83.0 ounces of silver.
It closed 31.61% below the highest close on record up to that date, which was set on 2011-08-22.