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Gold Price in January 2016

In January 2016, gold rose 5.3%, from $1,060.30 at the end of December to $1,116.40 per troy ounce on January 29, 2016. The highest close was $1,121.70 on January 26, 2016, the lowest $1,073.90 on January 14, 2016, and the average over 19 trading days was $1,097.64. Today's price is 270.1% higher than the January 2016 close.

End of December
$1,060.30
Month-end close
$1,116.40
Jan 29
Change
+5.3%
High
$1,121.70
Jan 26
Low
$1,073.90
Jan 14
Average
$1,097.64
19 trading days

Gold price chart, January 2016

US dollars per troy ounce · daily close
$1,055$1,091$1,127Dec 31Jan 6Jan 11Jan 15Jan 21Jan 26Jan 29

Daily Gold Prices, January 2016

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 4Mon$1,075.10+1.40% $34.57 ₹22,880AED 126.92
Jan 5Tue$1,078.40+0.31% $34.67 ₹23,091AED 127.32
Jan 6Wed$1,091.90+1.25% $35.11 ₹23,354AED 128.91
Jan 7Thu$1,107.70+1.45% $35.61 ₹23,763AED 130.77
Jan 8Fri$1,097.80−0.89% $35.30 ₹23,620AED 129.59
Jan 11Mon$1,096.50−0.12% $35.25 ₹23,563AED 129.44
Jan 12Tue$1,085.60−0.99% $34.90 ₹23,313AED 128.16
Jan 13Wed$1,087.50+0.18% $34.96 ₹23,398AED 128.38
Jan 14Thu$1,073.90−1.25% $34.53 ₹23,111AED 126.79
Jan 15Fri$1,091.50+1.64% $35.09 ₹23,619AED 128.84
Jan 19Tue$1,089.90−0.15% $35.04 ₹23,727AED 128.66
Jan 20Wed$1,107.10+1.58% $35.59 ₹24,121AED 130.69
Jan 21Thu$1,099.10−0.72% $35.34 ₹24,011AED 129.75
Jan 22Fri$1,097.20−0.17% $35.28 ₹23,920AED 129.52
Jan 25Mon$1,106.20+0.82% $35.57 ₹24,021AED 130.60
Jan 26Tue$1,121.70+1.40% $36.06 ₹24,430AED 132.43
Jan 27Wed$1,116.10−0.50% $35.88 ₹24,318AED 131.76
Jan 28Thu$1,115.60−0.04% $35.87 ₹24,460AED 131.70
Jan 29Fri$1,116.40+0.07% $35.89 ₹24,441AED 131.79
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 2016: FAQ

What was the price of gold in January 2016?

Gold traded between $1,073.90 and $1,121.70 per troy ounce (daily closes) in January 2016, averaging $1,097.64. It closed the month at $1,116.40.

How much did gold go up in January 2016?

Gold rose 5.3%, from $1,060.30 to $1,116.40. The biggest daily rise was +1.6% on January 15, 2016 and the biggest fall −1.3% on January 14, 2016.

What was the gold price on January 4, 2016?

Gold closed at $1,075.10 per troy ounce on January 4, 2016, the first trading day of the month. 24K India, ₹ per 10 g: ₹22,880.

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.