Distance from the record
This close sat 41.81% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 21 January 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,099.10 per troy ounce on 21 January 2016, down $8.000 (0.72%) from the previous close of $1,107.10.
This close sat 41.81% 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 $1,293.70, making this a -15.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,099.10 per troy ounce on 21 January 2016. That is $8.00 lower than the previous close of $1,107.10, a move of -0.72%.
The gold price fell on 21 January 2016, losing $8.00 (0.72%) against the previous session's close of $1,107.10.
At $1,099.10 per troy ounce, one gram of pure gold was worth about $35.34 on 21 January 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 January 2016 18k gold was worth about $26.50 per gram and 14k about $20.61 per gram, against $35.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.0 on 21 January 2016, meaning one ounce of gold was worth roughly 78.0 ounces of silver.
A week before 21 January 2016, gold was around $1,073.90 per troy ounce, so the close of $1,099.10 is a gain of 2.3% over the week.
A year before 21 January 2016, gold was around $1,293.70 per troy ounce. The close of $1,099.10 therefore represents a fall of 15.0% over twelve months.
It closed 41.81% below the highest close on record up to that date, which was set on 2011-08-22.