Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 31 January 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,333.80 per troy ounce on 31 January 2011, down $6.900 (0.51%) from the previous close of $1,340.70.
This was the strongest close of the week up to that point.
This close sat 6.24% 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 242 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,083.00, making this a +23.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,333.80 per troy ounce on 31 January 2011. That is $6.90 lower than the previous close of $1,340.70, a move of -0.51%.
The gold price fell on 31 January 2011, losing $6.90 (0.51%) against the previous session's close of $1,340.70.
At $1,333.80 per troy ounce, one gram of pure gold was worth about $42.88 on 31 January 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 January 2011 18k gold was worth about $32.16 per gram and 14k about $25.01 per gram, against $42.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 47.3 on 31 January 2011, meaning one ounce of gold was worth roughly 47.3 ounces of silver.
A month before 31 January 2011, gold was around $1,421.10 per troy ounce, so the close of $1,333.80 is a loss of 6.1% over the month.
A year before 31 January 2011, gold was around $1,083.00 per troy ounce. The close of $1,333.80 therefore represents a rise of 23.2% over twelve months.
It closed 6.24% below the highest close on record up to that date, which was set on 2011-01-03.