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Gold price archive · USD per troy ounce

Gold Price January 2024

In January 2024, gold closed between $2,006.50 and $2,073.40 per ounce, a change of −1.13% for the month.

Open
$2,073.40
High close
$2,073.40
Low close
$2,006.50
Close
$2,048.40
Average
$2,032.05
Vs. January 2023
+6.16%

Daily gold prices, January 2024

DateClose (USD/oz)Per gramDaily change
Wed, Jan 31$2,048.40$65.86+0.83%
Tue, Jan 30$2,031.50$65.31+0.30%
Mon, Jan 29$2,025.40$65.12+0.40%
Fri, Jan 26$2,017.30$64.86−0.02%
Thu, Jan 25$2,017.80$64.87+0.09%
Wed, Jan 24$2,016.00$64.82−0.48%
Tue, Jan 23$2,025.80$65.13+0.18%
Mon, Jan 22$2,022.20$65.02−0.35%
Fri, Jan 19$2,029.30$65.24+0.38%
Thu, Jan 18$2,021.60$65.00+0.75%
Wed, Jan 17$2,006.50$64.51−1.17%
Tue, Jan 16$2,030.20$65.27−1.04%
Fri, Jan 12$2,051.60$65.96+1.60%
Thu, Jan 11$2,019.20$64.92−0.42%
Wed, Jan 10$2,027.80$65.20−0.26%
Tue, Jan 9$2,033.00$65.36−0.02%
Mon, Jan 8$2,033.50$65.38−0.80%
Fri, Jan 5$2,049.80$65.90−0.01%
Thu, Jan 4$2,050.00$65.91+0.35%
Wed, Jan 3$2,042.80$65.68−1.48%
Tue, Jan 2$2,073.40$66.66+0.08%

Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.

What happened to gold in January 2024

In January 2024, gold lost 1.1% against the previous month’s final close, with its highest close of $2,073.40 on January 2 and its lowest close of $2,006.50 on January 17. Across 21 trading days, gold closed higher on 10 and lower on 11. The biggest one-day gain was 1.6% on Friday, January 12, and the steepest drop was 1.5% on Wednesday, January 3.

The month’s best close was 0.9% below the record close that stood at the time, so January 2024 produced no new all-time high.

Seasonally, January has been a positive month for gold on average: across 23 earlier years since 2001, the average January change was +2.70%, and gold rose in 15 of them. This January ranks 18th of 24 by performance.

By the end of January 2024, gold was down 1.1% for 2024 to date. See the 2024 overview for every month of the year.

Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.

Gold price January 2024 questions

What was the price of gold in January 2024?

Gold traded between $2,006.50 and $2,073.40 per troy ounce in January 2024, based on daily closing prices. It closed the period at $2,048.40, and the average close was $2,032.05.

Did gold go up or down in January 2024?

Gold fell 1.13% from the previous month-end close.

How does January 2024 compare with a year earlier?

The month-end close of $2,048.40 is 6.2% higher than January 2023.