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 8 January 2024, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 December 2023
Gold closed at $2,026.60 per troy ounce on 8 January 2024, down $15.80 (0.77%) from the previous close of $2,042.40.
This was the strongest close of the week up to that point.
This close sat 2.66% 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 $1,864.20, making this a +8.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,026.60 per troy ounce on 8 January 2024. That is $15.80 lower than the previous close of $2,042.40, a move of -0.77%.
The gold price fell on 8 January 2024, losing $15.80 (0.77%) against the previous session's close of $2,042.40.
At $2,026.60 per troy ounce, one gram of pure gold was worth about $65.16 on 8 January 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 January 2024 18k gold was worth about $48.87 per gram and 14k about $38.01 per gram, against $65.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.7 on 8 January 2024, meaning one ounce of gold was worth roughly 87.7 ounces of silver.
It closed 2.66% below the highest close on record up to that date, which was set on 2023-12-27.