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Lowest closing price since 16 December 2025
Gold closed at $4,314.40 per troy ounce on 2 January 2026, down $399.50 (8.47%) from the previous close of $4,713.90.
Notable session: lowest close of the month; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,658.90, making this a +62.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,314.40 per troy ounce on 2 January 2026. That is $399.50 lower than the previous close of $4,713.90, a move of -8.47%.
The gold price fell on 2 January 2026, losing $399.50 (8.47%) against the previous session's close of $4,713.90.
At $4,314.40 per troy ounce, one gram of pure gold was worth about $138.71 on 2 January 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 January 2026 18k gold was worth about $104.03 per gram and 14k about $80.91 per gram, against $138.71 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.1 on 2 January 2026, meaning one ounce of gold was worth roughly 61.1 ounces of silver.
A week before 2 January 2026, gold was around $4,529.10 per troy ounce, so the close of $4,314.40 is a loss of 4.7% over the week.
A month before 2 January 2026, gold was around $4,186.60 per troy ounce, so the close of $4,314.40 is a gain of 3.1% over the month.
A year before 2 January 2026, gold was around $2,658.90 per troy ounce. The close of $4,314.40 therefore represents a rise of 62.3% over twelve months.