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Gold's highest closing price on record
Gold closed at $5,318.40 per troy ounce on 29 January 2026, up $16.80 (0.32%) from the previous close of $5,301.60.
Notable session: highest price on record; highest close of the year; highest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,769.10, making this a +92.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $5,318.40 per troy ounce on 29 January 2026. That is $16.80 higher than the previous close of $5,301.60, a move of 0.32%.
The gold price rose on 29 January 2026, gaining $16.80 (0.32%) against the previous session's close of $5,301.60.
At $5,318.40 per troy ounce, one gram of pure gold was worth about $170.99 on 29 January 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 January 2026 18k gold was worth about $128.24 per gram and 14k about $99.74 per gram, against $170.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 46.6 on 29 January 2026, meaning one ounce of gold was worth roughly 46.6 ounces of silver.
A week before 29 January 2026, gold was around $4,908.80 per troy ounce, so the close of $5,318.40 is a gain of 8.3% over the week.
A month before 29 January 2026, gold was around $4,325.10 per troy ounce, so the close of $5,318.40 is a gain of 23.0% over the month.
A year before 29 January 2026, gold was around $2,769.10 per troy ounce. The close of $5,318.40 therefore represents a rise of 92.1% over twelve months.