Distance from the record
This close sat 11.47% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 28 January 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $888.10 per troy ounce on 28 January 2009, down $11.10 (1.23%) from the previous close of $899.20.
This close sat 11.47% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $927.10, making this a -4.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $888.10 per troy ounce on 28 January 2009. That is $11.10 lower than the previous close of $899.20, a move of -1.23%.
The gold price fell on 28 January 2009, losing $11.10 (1.23%) against the previous session's close of $899.20.
At $888.10 per troy ounce, one gram of pure gold was worth about $28.55 on 28 January 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 January 2009 18k gold was worth about $21.41 per gram and 14k about $16.66 per gram, against $28.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.2 on 28 January 2009, meaning one ounce of gold was worth roughly 74.2 ounces of silver.
A week before 28 January 2009, gold was around $849.60 per troy ounce, so the close of $888.10 is a gain of 4.5% over the week.
It closed 11.47% below the highest close on record up to that date, which was set on 2008-03-18.