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Gold's highest closing price on record
Gold closed at $4,908.80 per troy ounce on 22 January 2026, up $77.00 (1.59%) from the previous close of $4,831.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,767.60, making this a +77.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,908.80 per troy ounce on 22 January 2026. That is $77.00 higher than the previous close of $4,831.80, a move of 1.59%.
The gold price rose on 22 January 2026, gaining $77.00 (1.59%) against the previous session's close of $4,831.80.
At $4,908.80 per troy ounce, one gram of pure gold was worth about $157.82 on 22 January 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 January 2026 18k gold was worth about $118.37 per gram and 14k about $92.06 per gram, against $157.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.1 on 22 January 2026, meaning one ounce of gold was worth roughly 51.1 ounces of silver.
A week before 22 January 2026, gold was around $4,616.30 per troy ounce, so the close of $4,908.80 is a gain of 6.3% over the week.
A month before 22 January 2026, gold was around $4,444.60 per troy ounce, so the close of $4,908.80 is a gain of 10.4% over the month.
A year before 22 January 2026, gold was around $2,767.60 per troy ounce. The close of $4,908.80 therefore represents a rise of 77.4% over twelve months.