Distance from the record
This close sat 30.31% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 3 January 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,316.20 per troy ounce on 3 January 2018, up $2.500 (0.19%) from the previous close of $1,313.70.
This close sat 30.31% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,160.40, making this a +13.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,316.20 per troy ounce on 3 January 2018. That is $2.50 higher than the previous close of $1,313.70, a move of 0.19%.
The gold price rose on 3 January 2018, gaining $2.50 (0.19%) against the previous session's close of $1,313.70.
At $1,316.20 per troy ounce, one gram of pure gold was worth about $42.32 on 3 January 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 January 2018 18k gold was worth about $31.74 per gram and 14k about $24.68 per gram, against $42.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.6 on 3 January 2018, meaning one ounce of gold was worth roughly 76.6 ounces of silver.
A week before 3 January 2018, gold was around $1,287.00 per troy ounce, so the close of $1,316.20 is a gain of 2.3% over the week.
A year before 3 January 2018, gold was around $1,160.40 per troy ounce. The close of $1,316.20 therefore represents a rise of 13.4% over twelve months.
It closed 30.31% below the highest close on record up to that date, which was set on 2011-08-22.