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Gold Price in January 2008

In January 2008, gold rose 10.5%, from $834.90 at the end of December to $922.70 per troy ounce on January 31, 2008. The highest close was $927.10 on January 28, 2008, the lowest $857.00 on January 2, 2008, and the average over 21 trading days was $891.36. Today's price is 336.5% higher than the January 2008 close.

End of December
$834.90
Month-end close
$922.70
Jan 31
Change
+10.5%
High
$927.10
Jan 28
Low
$857.00
Jan 2
Average
$891.36
21 trading days

Gold price chart, January 2008

US dollars per troy ounce · daily close
$828$881$934Dec 31Jan 7Jan 10Jan 16Jan 22Jan 28Jan 31

Daily Gold Prices, January 2008

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Jan 2Wed$857.00+2.65% $27.55 ₹10,849AED 101.15
Jan 3Thu$866.40+1.10% $27.86 ₹10,962AED 102.29
Jan 4Fri$863.10−0.38% $27.75 ₹10,849AED 101.90
Jan 7Mon$859.60−0.41% $27.64 ₹10,837AED 101.50
Jan 8Tue$878.00+2.14% $28.23 ₹11,064AED 103.64
Jan 9Wed$879.50+0.17% $28.28 ₹11,088AED 103.83
Jan 10Thu$891.70+1.39% $28.67 ₹11,243AED 105.27
Jan 11Fri$896.10+0.49% $28.81 ₹11,263AED 105.79
Jan 14Mon$901.60+0.61% $28.99 ₹11,368AED 106.44
Jan 15Tue$901.00−0.07% $28.97 ₹11,353AED 106.37
Jan 16Wed$880.60−2.26% $28.31 ₹11,090AED 103.96
Jan 17Thu$879.50−0.12% $28.28 ₹11,082AED 103.83
Jan 18Fri$880.80+0.15% $28.32 ₹11,125AED 103.99
Jan 22Tue$889.60+1.00% $28.60 ₹11,243AED 105.03
Jan 23Wed$882.50−0.80% $28.37 ₹11,200AED 104.17
Jan 24Thu$905.50+2.61% $29.11 ₹11,461AED 106.89
Jan 25Fri$910.50+0.55% $29.27 ₹11,497AED 107.39
Jan 28Mon$927.10+1.82% $29.81 ₹11,713AED 109.44
Jan 29Tue$925.10−0.22% $29.74 ₹11,662AED 109.21
Jan 30Wed$920.60−0.49% $29.60 ₹11,646AED 108.66
Jan 31Thu$922.70+0.23% $29.67 ₹11,663AED 108.87
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How January usually goes for gold

In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%.

Gold in January 2008: FAQ

What was the price of gold in January 2008?

Gold traded between $857.00 and $927.10 per troy ounce (daily closes) in January 2008, averaging $891.36. It closed the month at $922.70.

How much did gold go up in January 2008?

Gold rose 10.5%, from $834.90 to $922.70. The biggest daily rise was +2.6% on January 2, 2008 and the biggest fall −2.3% on January 16, 2008.

What was the gold price on January 2, 2008?

Gold closed at $857.00 per troy ounce on January 2, 2008, the first trading day of the month. 24K India, ₹ per 10 g: ₹10,849.

Is January usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.