Gold ranged between $4,314.40 and $5,318.40 per troy ounce during January 2026, averaging $4,730.05 across 21 trading days. It finished the period at $4,713.90, up 8.98% from $4,325.60.
Metal value only, before dealer margins and fabrication.
The strongest session of January 2026 was 1 January 2026 at +8.98%, and the weakest 30 January 2026 at -11.37%.
Twelve months earlier gold traded around $2,812.50, making this a +67.61% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2026 | $4,713.90 | +$388.30 |
| 2 January 2026 | $4,314.40 | −$399.50 |
| 5 January 2026 | $4,436.90 | +$122.50 |
| 6 January 2026 | $4,482.20 | +$45.30 |
| 7 January 2026 | $4,449.30 | −$32.90 |
| 8 January 2026 | $4,449.70 | +$0.400 |
| 9 January 2026 | $4,490.30 | +$40.60 |
| 12 January 2026 | $4,604.30 | +$114.00 |
| 13 January 2026 | $4,589.20 | −$15.10 |
| 14 January 2026 | $4,626.30 | +$37.10 |
| 15 January 2026 | $4,616.30 | −$10.00 |
| 16 January 2026 | $4,588.40 | −$27.90 |
| 20 January 2026 | $4,759.60 | +$171.20 |
| 21 January 2026 | $4,831.80 | +$72.20 |
| 22 January 2026 | $4,908.80 | +$77.00 |
| 23 January 2026 | $4,976.20 | +$67.40 |
| 26 January 2026 | $5,079.70 | +$103.50 |
| 27 January 2026 | $5,079.90 | +$0.200 |
| 28 January 2026 | $5,301.60 | +$221.70 |
| 29 January 2026 | $5,318.40 | +$16.80 |
| 30 January 2026 | $4,713.90 | −$604.50 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished January 2026 at $4,713.90 per troy ounce, having risen $388.30 (8.98%) over the month. It has traded between $4,314.40 and $5,318.40 across 21 trading days.
The average gold closing price in January 2026 was $4,730.05 per troy ounce, calculated across all 21 trading days in the month.
Gold reached its highest close of January 2026 at $5,318.40 per troy ounce on 29 January 2026.
The lowest gold close in January 2026 was $4,314.40 per troy ounce on 2 January 2026.
Gold rose during January 2026. It entered the month at $4,325.60 and closed at $4,713.90, a change of 8.98%.
Gold closed higher on 15 sessions and lower on 6 during January 2026. The strongest session was 1 January 2026 (+8.98%) and the weakest 30 January 2026 (-11.37%).
Daily closes in January 2026 varied with a standard deviation of 4.12% per session, and the peak-to-trough spread across the month was 23.3% ($4,314.40 to $5,318.40).
At the January 2026 close of $4,713.90 per troy ounce, gold worked out at about $151.56 per gram and $151,555.40 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 53.3 through January 2026 and finished the month near 60.2. A higher ratio means silver is cheap relative to gold.
Gold was around $2,812.50 per troy ounce twelve months before the end of January 2026. Closing at $4,713.90 makes that a gain of 67.6% year on year.