Distance from the record
This close sat 30.55% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 9 January 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 29 December 2017
Gold closed at $1,311.70 per troy ounce on 9 January 2018, down $6.900 (0.52%) from the previous close of $1,318.60.
Notable session: lowest close of the month.
This close sat 30.55% 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 $1,183.50, making this a +10.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,311.70 per troy ounce on 9 January 2018. That is $6.90 lower than the previous close of $1,318.60, a move of -0.52%.
The gold price fell on 9 January 2018, losing $6.90 (0.52%) against the previous session's close of $1,318.60.
At $1,311.70 per troy ounce, one gram of pure gold was worth about $42.17 on 9 January 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 January 2018 18k gold was worth about $31.63 per gram and 14k about $24.60 per gram, against $42.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.5 on 9 January 2018, meaning one ounce of gold was worth roughly 77.5 ounces of silver.
A month before 9 January 2018, gold was around $1,245.20 per troy ounce, so the close of $1,311.70 is a gain of 5.3% over the month.
It closed 30.55% below the highest close on record up to that date, which was set on 2011-08-22.