Distance from the record
This close sat 5.76% below the highest gold close recorded up to that date, set on 2011-01-03.
Loading…
This page is a historical record of the gold price in 28 January 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,340.70 per troy ounce on 28 January 2011, up $22.30 (1.69%) from the previous close of $1,318.40.
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 5.76% 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 241 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,083.60, making this a +23.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,340.70 per troy ounce on 28 January 2011. That is $22.30 higher than the previous close of $1,318.40, a move of 1.69%.
The gold price rose on 28 January 2011, gaining $22.30 (1.69%) against the previous session's close of $1,318.40.
At $1,340.70 per troy ounce, one gram of pure gold was worth about $43.10 on 28 January 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 January 2011 18k gold was worth about $32.33 per gram and 14k about $25.14 per gram, against $43.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.0 on 28 January 2011, meaning one ounce of gold was worth roughly 48.0 ounces of silver.
A year before 28 January 2011, gold was around $1,083.60 per troy ounce. The close of $1,340.70 therefore represents a rise of 23.7% over twelve months.
It closed 5.76% below the highest close on record up to that date, which was set on 2011-01-03.