Distance from the record
This close sat 30.44% 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 2 January 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,313.70 per troy ounce on 2 January 2018, down $25.30 (1.89%) from the previous close of $1,339.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 30.44% 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 $1,150.00, making this a +14.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,313.70 per troy ounce on 2 January 2018. That is $25.30 lower than the previous close of $1,339.00, a move of -1.89%.
The gold price fell on 2 January 2018, losing $25.30 (1.89%) against the previous session's close of $1,339.00.
At $1,313.70 per troy ounce, one gram of pure gold was worth about $42.24 on 2 January 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 January 2018 18k gold was worth about $31.68 per gram and 14k about $24.64 per gram, against $42.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.7 on 2 January 2018, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A week before 2 January 2018, gold was around $1,284.10 per troy ounce, so the close of $1,313.70 is a gain of 2.3% over the week.
A year before 2 January 2018, gold was around $1,150.00 per troy ounce. The close of $1,313.70 therefore represents a rise of 14.2% over twelve months.
It closed 30.44% below the highest close on record up to that date, which was set on 2011-08-22.