Distance from the record
This close sat 41.91% 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 22 January 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,097.20 per troy ounce on 22 January 2016, down $1.900 (0.17%) from the previous close of $1,099.10.
This close sat 41.91% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 239 of 248 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,300.70, making this a -15.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,097.20 per troy ounce on 22 January 2016. That is $1.90 lower than the previous close of $1,099.10, a move of -0.17%.
The gold price fell on 22 January 2016, losing $1.90 (0.17%) against the previous session's close of $1,099.10.
At $1,097.20 per troy ounce, one gram of pure gold was worth about $35.28 on 22 January 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 January 2016 18k gold was worth about $26.46 per gram and 14k about $20.58 per gram, against $35.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.1 on 22 January 2016, meaning one ounce of gold was worth roughly 78.1 ounces of silver.
A year before 22 January 2016, gold was around $1,300.70 per troy ounce. The close of $1,097.20 therefore represents a fall of 15.6% over twelve months.
It closed 41.91% below the highest close on record up to that date, which was set on 2011-08-22.