Distance from the record
This close sat 35.87% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 18 January 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,211.30 per troy ounce on 18 January 2017, down $0.700 (0.06%) from the previous close of $1,212.00.
Gold barely moved, closing within 0.06% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 35.87% 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 $1,091.50, making this a +10.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,211.30 per troy ounce on 18 January 2017. That is $0.70 lower than the previous close of $1,212.00, a move of -0.06%.
The gold price fell on 18 January 2017, losing $0.70 (0.06%) against the previous session's close of $1,212.00.
At $1,211.30 per troy ounce, one gram of pure gold was worth about $38.94 on 18 January 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 January 2017 18k gold was worth about $29.21 per gram and 14k about $22.72 per gram, against $38.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.3 on 18 January 2017, meaning one ounce of gold was worth roughly 70.3 ounces of silver.
A month before 18 January 2017, gold was around $1,135.30 per troy ounce, so the close of $1,211.30 is a gain of 6.7% over the month.
It closed 35.87% below the highest close on record up to that date, which was set on 2011-08-22.