Distance from the record
This close sat 37.09% 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 27 January 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 January 2017
Gold closed at $1,188.10 per troy ounce on 27 January 2017, down $1.400 (0.12%) from the previous close of $1,189.50.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 37.09% 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 245 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,116.10, making this a +6.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,188.10 per troy ounce on 27 January 2017. That is $1.40 lower than the previous close of $1,189.50, a move of -0.12%.
The gold price fell on 27 January 2017, losing $1.40 (0.12%) against the previous session's close of $1,189.50.
At $1,188.10 per troy ounce, one gram of pure gold was worth about $38.20 on 27 January 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 January 2017 18k gold was worth about $28.65 per gram and 14k about $22.28 per gram, against $38.20 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.5 on 27 January 2017, meaning one ounce of gold was worth roughly 69.5 ounces of silver.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 37.09% below the highest close on record up to that date, which was set on 2011-08-22.