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Gold's highest closing price on record
Gold closed at $5,301.60 per troy ounce on 28 January 2026, up $221.70 (4.36%) from the previous close of $5,079.90.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,766.80, making this a +91.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $5,301.60 per troy ounce on 28 January 2026. That is $221.70 higher than the previous close of $5,079.90, a move of 4.36%.
The gold price rose on 28 January 2026, gaining $221.70 (4.36%) against the previous session's close of $5,079.90.
At $5,301.60 per troy ounce, one gram of pure gold was worth about $170.45 on 28 January 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 January 2026 18k gold was worth about $127.84 per gram and 14k about $99.43 per gram, against $170.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 46.9 on 28 January 2026, meaning one ounce of gold was worth roughly 46.9 ounces of silver.
A week before 28 January 2026, gold was around $4,831.80 per troy ounce, so the close of $5,301.60 is a gain of 9.7% over the week.
A month before 28 January 2026, gold was around $4,529.10 per troy ounce, so the close of $5,301.60 is a gain of 17.1% over the month.
A year before 28 January 2026, gold was around $2,766.80 per troy ounce. The close of $5,301.60 therefore represents a rise of 91.6% over twelve months.