Gold price in January 2011: daily prices, high, low and change
Gold closed January 2011 at $1,333.80 an ounce, down 6.14% on the month. The highest close was $1,422.60 on 3 Jan and the lowest $1,318.40 on 27 Jan. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, January 2011 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2010 close ($1,421.10); larger dots = new all-time-high closes.
Daily gold prices in January 2011 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 3 Jan ATH | $1,415.60 | $1,423.90 | $1,413.70 | $1,422.60 | +$1.50 | +0.11% |
| Tue 4 Jan worst day | $1,409.60 | $1,410.90 | $1,375.80 | $1,378.50 | −$44.10 | −3.10% |
| Wed 5 Jan | $1,383.40 | $1,384.00 | $1,364.20 | $1,373.40 | −$5.10 | −0.37% |
| Thu 6 Jan | $1,374.80 | $1,376.50 | $1,368.90 | $1,371.40 | −$2.00 | −0.15% |
| Fri 7 Jan | $1,372.70 | $1,377.20 | $1,355.50 | $1,368.50 | −$2.90 | −0.21% |
| Mon 10 Jan | $1,369.00 | $1,374.00 | $1,365.70 | $1,373.70 | +$5.20 | +0.38% |
| Tue 11 Jan | $1,375.40 | $1,384.50 | $1,373.90 | $1,384.00 | +$10.30 | +0.75% |
| Wed 12 Jan | — | — | — | $1,385.70 | +$1.70 | +0.12% |
| Thu 13 Jan | $1,386.10 | $1,392.50 | $1,371.40 | $1,386.90 | +$1.20 | +0.09% |
| Fri 14 Jan | $1,375.00 | $1,376.00 | $1,356.70 | $1,360.40 | −$26.50 | −1.91% |
| Tue 18 Jan | $1,365.10 | $1,371.00 | $1,359.20 | $1,368.10 | +$7.70 | +0.57% |
| Wed 19 Jan | $1,371.90 | $1,376.20 | $1,367.00 | $1,370.20 | +$2.10 | +0.15% |
| Thu 20 Jan | $1,367.70 | $1,367.70 | $1,345.00 | $1,346.50 | −$23.70 | −1.73% |
| Fri 21 Jan | $1,341.70 | $1,345.60 | $1,338.60 | $1,341.00 | −$5.50 | −0.41% |
| Mon 24 Jan | $1,352.30 | $1,352.30 | $1,341.80 | $1,344.50 | +$3.50 | +0.26% |
| Tue 25 Jan | — | — | — | $1,332.30 | −$12.20 | −0.91% |
| Wed 26 Jan | $1,333.00 | $1,341.70 | $1,333.00 | $1,333.00 | +$0.70 | +0.05% |
| Thu 27 Jan | $1,342.00 | $1,342.00 | $1,318.40 | $1,318.40 | −$14.60 | −1.10% |
| Fri 28 Jan best day | $1,314.00 | $1,346.60 | $1,307.70 | $1,340.70 | +$22.30 | +1.69% |
| Mon 31 Jan | $1,339.00 | $1,345.90 | $1,323.30 | $1,333.80 | −$6.90 | −0.51% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 2 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| January 2011 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,422.60 | $1,422.60 | $1,318.40 | $1,333.80 | −6.14% |
| Intraday | $1,415.60 | $1,423.90 3 Jan | $1,307.70 28 Jan | $1,333.80 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2011 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in January 2011: summary
Gold slumped 6.14% in January 2011, settling the month at $1,333.80 an ounce against $1,421.10 at the end of December 2010. Settlement prices ranged from $1,318.40 on 27 January 2011 to $1,422.60 on 3 January 2011, a spread of $104.20 (7.3%), wider than the 5.1% average of the previous 12 months. Gold closed higher on 10 of 20 trading days and lower on 10; the strongest session was 28 January 2011 (+1.69%) and the weakest 4 January 2011 (−3.10%).
Gold set 1 new all-time-high close in January 2011, the highest at $1,422.60 on 3 January 2011. That was the biggest monthly fall since December 2009. It ended a run of 5 straight monthly gains.
How January 2011 compares
- Against other Januaries: at −6.14%, January 2011 ranks 26th of 26 Januaries since 2001 (best first), the worst since 2001.
- Against every month: it ranks 297th of 313 months since September 2000, better than 5% of them.
- Range: the gap between the highest and lowest close was $104.20, or 7.3% of the opening level, 1.4× the 5.1% average of the previous 12 months.
- Daily moves: the average day moved 0.73% (up or down), against 0.77% over the previous 12 months, so January 2011 was about as volatile as usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +23.16% over 12 months (against the January 2010 close of $1,083.00).
- Average price: the mean of the 20 daily closes was $1,361.68; the World Bank's monthly average of the London (LBMA) price was $1,360.00.
Across the other 25 completed Januaries since 2001, gold averaged +3.32% and rose in 17 of them (68%). January 2011 lagged that average by 9.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Januaries side by side.
January 2011 in today's dollars
Adjusted for US consumer-price inflation, the $1,333.80 closing price equals about $2,028 in September 2026 dollars (CPI 221.2 in January 2011 against 336.3 in September 2026, FRED series CPIAUCSL), 52% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2011
The gold price in 2011 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in January 2011?
Gold closed January 2011 at $1,333.80 an ounce (COMEX settlement). It opened the month at $1,422.60 and averaged $1,361.68 across 20 trading days; the World Bank’s London average for the month was $1,360.00.
Did gold go up in January 2011?
No. Gold was down 6.14% in January 2011, from $1,421.10 at the end of December 2010 to $1,333.80. It closed higher on 10 of 20 days. Among Januaries since 2001 it ranks 26th of 26 (best first).
What was the highest gold price in January 2011?
The highest close was $1,422.60 on 3 January 2011. The highest intraday price in the daily bars was $1,423.90 on 3 January 2011. It was a new all-time-high close.
What was the lowest gold price in January 2011?
The lowest close was $1,318.40 on 27 January 2011, $104.20 (7.3%) below the month’s highest close. The lowest intraday price was $1,307.70 on 28 January 2011.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.