Distance from the record
This close sat 7.32% below the highest gold close recorded up to that date, set on 2011-01-03.
This page is a historical record of the gold price in 27 January 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 4 October 2010
Gold closed at $1,318.40 per troy ounce on 27 January 2011, down $14.60 (1.10%) from the previous close of $1,333.00.
Notable session: lowest close of the year; lowest close of the month.
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 7.32% below the highest gold close recorded up to that date, set on 2011-01-03.
One of the ten lowest gold closes of that year, ranking 246 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,084.40, making this a +21.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,318.40 per troy ounce on 27 January 2011. That is $14.60 lower than the previous close of $1,333.00, a move of -1.10%.
The gold price fell on 27 January 2011, losing $14.60 (1.10%) against the previous session's close of $1,333.00.
At $1,318.40 per troy ounce, one gram of pure gold was worth about $42.39 on 27 January 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 January 2011 18k gold was worth about $31.79 per gram and 14k about $24.73 per gram, against $42.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.7 on 27 January 2011, meaning one ounce of gold was worth roughly 48.7 ounces of silver.
A week before 27 January 2011, gold was around $1,346.50 per troy ounce, so the close of $1,318.40 is a loss of 2.1% over the week.
A year before 27 January 2011, gold was around $1,084.40 per troy ounce. The close of $1,318.40 therefore represents a rise of 21.6% over twelve months.
It closed 7.32% below the highest close on record up to that date, which was set on 2011-01-03.