Distance from the record
This close sat 3.10% below the highest gold close recorded up to that date, set on 2011-01-03.
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This page is a historical record of the gold price in 4 January 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 16 December 2010
Gold closed at $1,378.50 per troy ounce on 4 January 2011, down $44.10 (3.10%) from the previous close of $1,422.60.
Notable session: moved more than 3% in a session.
Gold lost 3.10% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 3.10% below the highest gold close recorded up to that date, set on 2011-01-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,117.70, making this a +23.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,378.50 per troy ounce on 4 January 2011. That is $44.10 lower than the previous close of $1,422.60, a move of -3.10%.
The gold price fell on 4 January 2011, losing $44.10 (3.10%) against the previous session's close of $1,422.60.
At $1,378.50 per troy ounce, one gram of pure gold was worth about $44.32 on 4 January 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 January 2011 18k gold was worth about $33.24 per gram and 14k about $25.85 per gram, against $44.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 46.7 on 4 January 2011, meaning one ounce of gold was worth roughly 46.7 ounces of silver.
A year before 4 January 2011, gold was around $1,117.70 per troy ounce. The close of $1,378.50 therefore represents a rise of 23.3% over twelve months.
It closed 3.10% below the highest close on record up to that date, which was set on 2011-01-03.