Distance from the record
This close sat 1.90% below the highest gold close recorded up to that date, set on 2023-12-27.
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This page is a historical record of the gold price in 5 January 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,042.40 per troy ounce on 5 January 2024, up $0.100 (0.00%) from the previous close of $2,042.30.
Gold barely moved, closing within 0.00% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 1.90% below the highest gold close recorded up to that date, set on 2023-12-27.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,834.80, making this a +11.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,042.40 per troy ounce on 5 January 2024. That is $0.10 higher than the previous close of $2,042.30, a move of 0.00%.
The gold price rose on 5 January 2024, gaining $0.10 (0.00%) against the previous session's close of $2,042.30.
At $2,042.40 per troy ounce, one gram of pure gold was worth about $65.66 on 5 January 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 January 2024 18k gold was worth about $49.25 per gram and 14k about $38.30 per gram, against $65.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.3 on 5 January 2024, meaning one ounce of gold was worth roughly 88.3 ounces of silver.
It closed 1.90% below the highest close on record up to that date, which was set on 2023-12-27.