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Gold Price in January 2024

In January 2024, gold fell 1.1%, from $2,071.80 at the end of December to $2,048.40 per troy ounce on January 31, 2024. The highest close was $2,073.40 on January 2, 2024, the lowest $2,006.50 on January 17, 2024, and the average over 21 trading days was $2,032.05. Today's price is 101.7% higher than the January 2024 close.

End of December
$2,071.80
Month-end close
$2,048.40
Jan 31
Change
−1.1%
High
$2,073.40
Jan 2
Low
$2,006.50
Jan 17
Average
$2,032.05
21 trading days

Gold price chart, January 2024

US dollars per troy ounce · daily close
$2,001$2,040$2,079Dec 29Jan 5Jan 10Jan 17Jan 22Jan 26Jan 31

Daily Gold Prices, January 2024

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 2Tue$2,073.40+0.08% $66.66 ₹55,464AED 244.77
Jan 3Wed$2,042.80−1.48% $65.68 ₹54,681AED 241.15
Jan 4Thu$2,050.00+0.35% $65.91 ₹54,914AED 242.00
Jan 5Fri$2,049.80−0.01% $65.90 ₹54,858AED 241.98
Jan 8Mon$2,033.50−0.80% $65.38 ₹54,389AED 240.06
Jan 9Tue$2,033.00−0.02% $65.36 ₹54,284AED 240.00
Jan 10Wed$2,027.80−0.26% $65.20 ₹54,198AED 239.39
Jan 11Thu$2,019.20−0.42% $64.92 ₹53,899AED 238.38
Jan 12Fri$2,051.60+1.60% $65.96 ₹54,797AED 242.20
Jan 16Tue$2,030.20−1.04% $65.27 ₹54,084AED 239.67
Jan 17Wed$2,006.50−1.17% $64.51 ₹53,601AED 236.88
Jan 18Thu$2,021.60+0.75% $65.00 ₹54,062AED 238.67
Jan 19Fri$2,029.30+0.38% $65.24 ₹54,257AED 239.57
Jan 22Mon$2,022.20−0.35% $65.02 ₹54,044AED 238.73
Jan 23Tue$2,025.80+0.18% $65.13 ₹54,121AED 239.16
Jan 24Wed$2,016.00−0.48% $64.82 ₹53,941AED 238.00
Jan 25Thu$2,017.80+0.09% $64.87 ₹53,909AED 238.22
Jan 26Fri$2,017.30−0.02% $64.86 ₹53,927AED 238.20
Jan 29Mon$2,025.40+0.40% $65.12 ₹54,127AED 239.13
Jan 30Tue$2,031.50+0.30% $65.31 ₹54,311AED 239.83
Jan 31Wed$2,048.40+0.83% $65.86 ₹54,734AED 241.83
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 2024: FAQ

What was the price of gold in January 2024?

Gold traded between $2,006.50 and $2,073.40 per troy ounce (daily closes) in January 2024, averaging $2,032.05. It closed the month at $2,048.40.

How much did gold go down in January 2024?

Gold fell 1.1%, from $2,071.80 to $2,048.40. The biggest daily rise was +1.6% on January 12, 2024 and the biggest fall −1.5% on January 3, 2024.

What was the gold price on January 2, 2024?

Gold closed at $2,073.40 per troy ounce on January 2, 2024, the first trading day of the month. 24K India, ₹ per 10 g: ₹55,464.

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.