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Gold Price in January 2023

In January 2023, gold rose 5.7%, from $1,826.20 at the end of December to $1,929.50 per troy ounce on January 31, 2023. The highest close was $1,942.60 on January 25, 2023, the lowest $1,840.60 on January 5, 2023, and the average over 20 trading days was $1,902.83. Today's price is 114.1% higher than the January 2023 close.

End of December
$1,826.20
Month-end close
$1,929.50
Jan 31
Change
+5.7%
High
$1,942.60
Jan 25
Low
$1,840.60
Jan 5
Average
$1,902.83
20 trading days

Gold price chart, January 2023

US dollars per troy ounce · daily close
$1,817$1,884$1,952Dec 30Jan 5Jan 11Jan 17Jan 20Jan 26Jan 31

Daily Gold Prices, January 2023

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 3Tue$1,846.10+1.09% $59.35 ₹49,089AED 217.93
Jan 4Wed$1,859.00+0.70% $59.77 ₹49,480AED 219.47
Jan 5Thu$1,840.60−0.99% $59.18 ₹48,919AED 217.30
Jan 6Fri$1,869.70+1.58% $60.11 ₹49,680AED 220.73
Jan 9Mon$1,877.80+0.43% $60.37 ₹49,671AED 221.71
Jan 10Tue$1,876.50−0.07% $60.33 ₹49,580AED 221.53
Jan 11Wed$1,878.90+0.13% $60.41 ₹49,316AED 221.81
Jan 12Thu$1,898.80+1.06% $61.05 ₹49,834AED 224.16
Jan 13Fri$1,921.70+1.21% $61.78 ₹50,117AED 226.87
Jan 17Tue$1,909.90−0.61% $61.40 ₹50,139AED 225.48
Jan 18Wed$1,907.00−0.15% $61.31 ₹49,984AED 225.18
Jan 19Thu$1,923.90+0.89% $61.85 ₹50,372AED 227.14
Jan 20Fri$1,928.20+0.22% $61.99 ₹50,363AED 227.64
Jan 23Mon$1,928.60+0.02% $62.01 ₹50,210AED 227.72
Jan 24Tue$1,935.40+0.35% $62.22 ₹50,706AED 228.49
Jan 25Wed$1,942.60+0.37% $62.46 ₹50,965AED 229.34
Jan 26Thu$1,930.00−0.65% $62.05 ₹50,573AED 227.86
Jan 27Fri$1,929.40−0.03% $62.03 ₹50,522AED 227.79
Jan 30Mon$1,922.90−0.34% $61.82 ₹50,390AED 227.04
Jan 31Tue$1,929.50+0.34% $62.03 ₹50,608AED 227.80
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 2023: FAQ

What was the price of gold in January 2023?

Gold traded between $1,840.60 and $1,942.60 per troy ounce (daily closes) in January 2023, averaging $1,902.83. It closed the month at $1,929.50.

How much did gold go up in January 2023?

Gold rose 5.7%, from $1,826.20 to $1,929.50. The biggest daily rise was +1.6% on January 6, 2023 and the biggest fall −1.0% on January 5, 2023.

What was the gold price on January 3, 2023?

Gold closed at $1,846.10 per troy ounce on January 3, 2023, the first trading day of the month. 24K India, ₹ per 10 g: ₹49,089.

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.