Distance from the record
This close sat 9.78% 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 29 January 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $905.10 per troy ounce on 29 January 2009, up $17.00 (1.91%) from the previous close of $888.10.
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 9.78% 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 $925.10, making this a -2.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $905.10 per troy ounce on 29 January 2009. That is $17.00 higher than the previous close of $888.10, a move of 1.91%.
The gold price rose on 29 January 2009, gaining $17.00 (1.91%) against the previous session's close of $888.10.
At $905.10 per troy ounce, one gram of pure gold was worth about $29.10 on 29 January 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 January 2009 18k gold was worth about $21.82 per gram and 14k about $16.97 per gram, against $29.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.6 on 29 January 2009, meaning one ounce of gold was worth roughly 74.6 ounces of silver.
A week before 29 January 2009, gold was around $858.20 per troy ounce, so the close of $905.10 is a gain of 5.5% over the week.
It closed 9.78% below the highest close on record up to that date, which was set on 2008-03-18.