Gold price in January 2016: daily prices, high, low and change
Gold closed January 2016 at $1,116.40 an ounce, up 5.29% on the month. The highest close was $1,121.70 on 26 Jan and the lowest $1,073.90 on 14 Jan. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, January 2016 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2015 close ($1,060.30).
Daily gold prices in January 2016 (19 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 4 Jan | $1,063.40 | $1,082.50 | $1,063.20 | $1,075.10 | +$14.80 | +1.40% |
| Tue 5 Jan | $1,075.60 | $1,081.50 | $1,075.30 | $1,078.40 | +$3.30 | +0.31% |
| Wed 6 Jan | $1,081.60 | $1,093.70 | $1,081.60 | $1,091.90 | +$13.50 | +1.25% |
| Thu 7 Jan | $1,091.60 | $1,109.40 | $1,091.60 | $1,107.70 | +$15.80 | +1.45% |
| Fri 8 Jan | $1,111.10 | $1,111.10 | $1,093.00 | $1,097.80 | −$9.90 | −0.89% |
| Mon 11 Jan | $1,105.70 | $1,107.90 | $1,096.50 | $1,096.50 | −$1.30 | −0.12% |
| Tue 12 Jan | $1,093.80 | $1,098.50 | $1,084.00 | $1,085.60 | −$10.90 | −0.99% |
| Wed 13 Jan | $1,081.50 | $1,093.90 | $1,081.50 | $1,087.50 | +$1.90 | +0.18% |
| Thu 14 Jan worst day | $1,091.50 | $1,091.50 | $1,073.70 | $1,073.90 | −$13.60 | −1.25% |
| Fri 15 Jan best day | $1,085.00 | $1,095.80 | $1,081.80 | $1,091.50 | +$17.60 | +1.64% |
| Tue 19 Jan | $1,089.80 | $1,094.40 | $1,084.90 | $1,089.90 | −$1.60 | −0.15% |
| Wed 20 Jan | $1,099.80 | $1,109.80 | $1,099.80 | $1,107.10 | +$17.20 | +1.58% |
| Thu 21 Jan | $1,103.60 | $1,103.60 | $1,094.10 | $1,099.10 | −$8.00 | −0.72% |
| Fri 22 Jan | $1,098.00 | $1,103.20 | $1,097.20 | $1,097.20 | −$1.90 | −0.17% |
| Mon 25 Jan | $1,099.30 | $1,109.30 | $1,099.30 | $1,106.20 | +$9.00 | +0.82% |
| Tue 26 Jan | $1,115.10 | $1,121.70 | $1,114.30 | $1,121.70 | +$15.50 | +1.40% |
| Wed 27 Jan | $1,117.80 | $1,117.80 | $1,115.80 | $1,116.10 | −$5.60 | −0.50% |
| Thu 28 Jan | $1,125.40 | $1,125.70 | $1,109.80 | $1,115.60 | −$0.50 | −0.04% |
| Fri 29 Jan | $1,114.40 | $1,118.60 | $1,108.80 | $1,116.40 | +$0.80 | +0.07% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.
Monthly open, high, low and close
| January 2016 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,075.10 | $1,121.70 | $1,073.90 | $1,116.40 | +5.29% |
| Intraday | $1,063.40 | $1,125.70 28 Jan | $1,063.20 4 Jan | $1,116.40 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2016 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 2016: summary
Gold advanced 5.29% in January 2016, closing the month at $1,116.40 an ounce against $1,060.30 at the end of December 2015. Gold closed higher on 10 of 19 trading days and lower on 9; the strongest session was 15 January 2016 (+1.64%) and the weakest 14 January 2016 (−1.25%). Settlement prices ranged from $1,073.90 on 14 January 2016 to $1,121.70 on 26 January 2016, a spread of $47.80 (4.5%), narrower than the 5.6% average of the previous 12 months.
How January 2016 compares
- Against other Januaries: at +5.29%, January 2016 ranks 9th of 26 Januaries since 2001 (best first).
- Against every month: it ranks 61st of 313 months since September 2000, better than 81% of them.
- Range: the gap between the highest and lowest close was $47.80, or 4.5% of the opening level, 0.8× the 5.6% average of the previous 12 months.
- Daily moves: the average day moved 0.79% (up or down), against 0.71% over the previous 12 months, so January 2016 was about as volatile as usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was −12.68% over 12 months (against the January 2015 close of $1,278.50).
- Average price: the mean of the 19 daily closes was $1,097.64; the World Bank's monthly average of the London (LBMA) price was $1,098.00.
Across the other 25 completed Januaries since 2001, gold averaged +2.86% and rose in 16 of them (64%). January 2016 beat that average by 2.4 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 2016 in today's dollars
Adjusted for US consumer-price inflation, the $1,116.40 closing price equals about $1,580 in September 2026 dollars (CPI 237.7 in January 2016 against 336.3 in September 2026, FRED series CPIAUCSL), 42% 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 2016
The gold price in 2016 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 2016?
Gold closed January 2016 at $1,116.40 an ounce (COMEX settlement). It opened the month at $1,075.10 and averaged $1,097.64 across 19 trading days; the World Bank’s London average for the month was $1,098.00.
Did gold go up in January 2016?
Yes. Gold was up 5.29% in January 2016, from $1,060.30 at the end of December 2015 to $1,116.40. It closed higher on 10 of 19 days. Among Januaries since 2001 it ranks 9th of 26 (best first).
What was the highest gold price in January 2016?
The highest close was $1,121.70 on 26 January 2016. The highest intraday price in the daily bars was $1,125.70 on 28 January 2016.
What was the lowest gold price in January 2016?
The lowest close was $1,073.90 on 14 January 2016, $47.80 (4.5%) below the month’s highest close. The lowest intraday price was $1,063.20 on 4 January 2016.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.