Gold price by month

Gold price in January 2018: daily prices, high, low and change

Gold closed January 2018 at $1,339.00 an ounce, up 2.50% on the month. The highest close was $1,362.40 on 25 Jan and the lowest $1,311.70 on 9 Jan. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,339.0031 January 2018
Monthly change+2.5%vs $1,306.30 at the end of December 2017
Highest close$1,362.4025 January 2018
Lowest close$1,311.709 January 2018

Gold price chart, January 2018 (daily close and high-low range, US$ per ounce)

$1,300$1,320$1,340$1,3602481012171923253031high close $1,362.40low close $1,311.70
$1,300$1,320$1,340$1,3602812192531$1,362.40$1,311.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2017 close ($1,306.30).

Daily gold prices in January 2018 (20 trading days)

Daily gold prices, January 2018
DateOpenHighLowCloseChange% change
Tue 2 Jan$1,302.30$1,317.60$1,302.30$1,313.70+$7.40+0.57%
Wed 3 Jan$1,320.00$1,320.10$1,312.10$1,316.20+$2.50+0.19%
Thu 4 Jan$1,319.40$1,322.00$1,319.40$1,319.40+$3.20+0.24%
Fri 5 Jan———$1,320.30+$0.90+0.07%
Mon 8 Jan$1,319.90$1,319.90$1,314.60$1,318.60−$1.70−0.13%
Tue 9 Jan$1,309.60$1,311.70$1,309.60$1,311.70−$6.90−0.52%
Wed 10 Jan$1,320.30$1,320.70$1,315.30$1,317.40+$5.70+0.43%
Thu 11 Jan$1,317.10$1,320.60$1,316.30$1,320.60+$3.20+0.24%
Fri 12 Jan$1,327.80$1,338.20$1,327.80$1,333.40+$12.80+0.97%
Tue 16 Jan$1,331.10$1,335.40$1,331.00$1,335.40+$2.00+0.15%
Wed 17 Jan$1,334.40$1,338.00$1,326.80$1,338.00+$2.60+0.19%
Thu 18 Jan$1,328.90$1,328.90$1,326.00$1,326.00−$12.00−0.90%
Fri 19 Jan$1,330.10$1,333.00$1,330.10$1,331.90+$5.90+0.44%
Mon 22 Jan$1,328.40$1,330.90$1,328.40$1,330.90−$1.00−0.08%
Tue 23 Jan$1,335.80$1,335.90$1,335.70$1,335.70+$4.80+0.36%
Wed 24 Jan best day$1,355.90$1,357.20$1,355.90$1,355.90+$20.20+1.51%
Thu 25 Jan$1,356.30$1,362.40$1,346.70$1,362.40+$6.50+0.48%
Fri 26 Jan$1,351.60$1,352.00$1,350.90$1,351.60−$10.80−0.79%
Tue 30 Jan worst day$1,338.70$1,347.80$1,332.80$1,335.40−$16.20−1.20%
Wed 31 Jan$1,337.50$1,346.90$1,331.80$1,339.00+$3.60+0.27%

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 1 day 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 2018OpenHighLowCloseChange
Settlements$1,313.70$1,362.40$1,311.70$1,339.00+2.50%
Intraday$1,302.30$1,362.40 25 Jan$1,302.30 2 Jan$1,339.00—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2018 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 2018: summary

Gold climbed 2.50% in January 2018, finishing at $1,339.00 an ounce against $1,306.30 at the end of December 2017. Gold closed higher on 14 of 20 trading days and lower on 6; the strongest session was 24 January 2018 (+1.51%) and the weakest 30 January 2018 (−1.20%). Settlement prices ranged from $1,311.70 on 9 January 2018 to $1,362.40 on 25 January 2018, a spread of $50.70 (3.9%), narrower than the 4.2% average of the previous 12 months.

The $1,362.40 close on 25 January 2018 was gold's highest since 2 August 2016. It was gold's 3rd monthly gain in a row.

How January 2018 compares

  • Against other Januaries: at +2.50%, January 2018 ranks 16th of 26 Januaries since 2001 (best first).
  • Against every month: it ranks 117th of 313 months since September 2000, better than 63% of them.
  • Range: the gap between the highest and lowest close was $50.70, or 3.9% of the opening level, 0.9× the 4.2% average of the previous 12 months.
  • Daily moves: the average day moved 0.49% (up or down), against 0.51% over the previous 12 months, so January 2018 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was +10.79% over 12 months (against the January 2017 close of $1,208.60).
  • Average price: the mean of the 20 daily closes was $1,330.67; the World Bank's monthly average of the London (LBMA) price was $1,331.00.

Across the other 25 completed Januaries since 2001, gold averaged +2.97% and rose in 16 of them (64%). January 2018 lagged that average by 0.5 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 2018 in today's dollars

Adjusted for US consumer-price inflation, the $1,339.00 closing price equals about $1,809 in September 2026 dollars (CPI 248.9 in January 2018 against 336.3 in September 2026, FRED series CPIAUCSL), 35% 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 2018

The gold price in 2018 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 2018?

Gold closed January 2018 at $1,339.00 an ounce (COMEX settlement). It opened the month at $1,313.70 and averaged $1,330.67 across 20 trading days; the World Bank’s London average for the month was $1,331.00.

Did gold go up in January 2018?

Yes. Gold was up 2.50% in January 2018, from $1,306.30 at the end of December 2017 to $1,339.00. It closed higher on 14 of 20 days. Among Januaries since 2001 it ranks 16th of 26 (best first).

What was the highest gold price in January 2018?

The highest close was $1,362.40 on 25 January 2018. The highest intraday price in the daily bars was $1,362.40 on 25 January 2018.

What was the lowest gold price in January 2018?

The lowest close was $1,311.70 on 9 January 2018, $50.70 (3.9%) below the month’s highest close. The lowest intraday price was $1,302.30 on 2 January 2018.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.