Gold price in January 2023: daily prices, high, low and change
Gold closed January 2023 at $1,929.50 an ounce, up 5.66% on the month. The highest close was $1,942.60 on 25 Jan and the lowest $1,840.60 on 5 Jan. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, January 2023 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2022 close ($1,826.20).
Daily gold prices in January 2023 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 3 Jan | $1,831.80 | $1,856.60 | $1,831.30 | $1,846.10 | +$19.90 | +1.09% |
| Wed 4 Jan | $1,845.20 | $1,871.30 | $1,842.00 | $1,859.00 | +$12.90 | +0.70% |
| Thu 5 Jan worst day | $1,861.20 | $1,864.30 | $1,829.90 | $1,840.60 | −$18.40 | −0.99% |
| Fri 6 Jan best day | $1,835.90 | $1,875.20 | $1,835.20 | $1,869.70 | +$29.10 | +1.58% |
| Mon 9 Jan | $1,872.80 | $1,886.40 | $1,869.30 | $1,877.80 | +$8.10 | +0.43% |
| Tue 10 Jan | $1,875.70 | $1,885.20 | $1,872.00 | $1,876.50 | −$1.30 | −0.07% |
| Wed 11 Jan | $1,881.30 | $1,890.90 | $1,870.90 | $1,878.90 | +$2.40 | +0.13% |
| Thu 12 Jan | $1,879.70 | $1,906.50 | $1,872.40 | $1,898.80 | +$19.90 | +1.06% |
| Fri 13 Jan | $1,898.80 | $1,925.30 | $1,895.10 | $1,921.70 | +$22.90 | +1.21% |
| Tue 17 Jan | $1,923.80 | $1,931.80 | $1,906.20 | $1,909.90 | −$11.80 | −0.61% |
| Wed 18 Jan | $1,911.10 | $1,929.80 | $1,898.60 | $1,907.00 | −$2.90 | −0.15% |
| Thu 19 Jan | $1,907.00 | $1,936.90 | $1,902.00 | $1,923.90 | +$16.90 | +0.89% |
| Fri 20 Jan | $1,933.70 | $1,939.00 | $1,922.00 | $1,928.20 | +$4.30 | +0.22% |
| Mon 23 Jan | $1,928.40 | $1,936.70 | $1,912.50 | $1,928.60 | +$0.40 | +0.02% |
| Tue 24 Jan | $1,932.00 | $1,943.80 | $1,918.20 | $1,935.40 | +$6.80 | +0.35% |
| Wed 25 Jan | $1,938.70 | $1,949.50 | $1,920.60 | $1,942.60 | +$7.20 | +0.37% |
| Thu 26 Jan | $1,948.00 | $1,949.80 | $1,918.40 | $1,930.00 | −$12.60 | −0.65% |
| Fri 27 Jan | $1,929.30 | $1,935.40 | $1,916.50 | $1,929.40 | −$0.60 | −0.03% |
| Mon 30 Jan | $1,928.30 | $1,933.60 | $1,920.30 | $1,922.90 | −$6.50 | −0.34% |
| Tue 31 Jan | $1,923.00 | $1,930.40 | $1,900.60 | $1,929.50 | +$6.60 | +0.34% |
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 2023 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,846.10 | $1,942.60 | $1,840.60 | $1,929.50 | +5.66% |
| Intraday | $1,831.80 | $1,949.80 26 Jan | $1,829.90 5 Jan | $1,929.50 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2023 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 2023: summary
Gold gained 5.66% in January 2023, from $1,826.20 at the end of December 2022 to $1,929.50 an ounce. Gold closed higher on 13 of 20 trading days and lower on 7; the strongest session was 6 January 2023 (+1.58%) and the weakest 5 January 2023 (−0.99%). Settlement prices ranged from $1,840.60 on 5 January 2023 to $1,942.60 on 25 January 2023, a spread of $102.00 (5.6%), wider than the 5.4% average of the previous 12 months.
It was gold's 3rd monthly gain in a row.
How January 2023 compares
- Against other Januaries: at +5.66%, January 2023 ranks 8th of 26 Januaries since 2001 (best first).
- Against every month: it ranks 56th of 313 months since September 2000, better than 82% of them.
- Range: the gap between the highest and lowest close was $102.00, or 5.6% of the opening level, 1.0× the 5.4% average of the previous 12 months.
- Daily moves: the average day moved 0.56% (up or down), against 0.75% over the previous 12 months, so January 2023 was calmer than usual.
- Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +7.49% over 12 months (against the January 2022 close of $1,795.00).
- Average price: the mean of the 20 daily closes was $1,902.83; the World Bank's monthly average of the London (LBMA) price was $1,898.00.
Across the other 25 completed Januaries since 2001, gold averaged +2.85% and rose in 16 of them (64%). January 2023 beat that average by 2.8 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 2023 in today's dollars
Adjusted for US consumer-price inflation, the $1,929.50 closing price equals about $2,160 in September 2026 dollars (CPI 300.4 in January 2023 against 336.3 in September 2026, FRED series CPIAUCSL), 12% 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 2023
The gold price in 2023 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 2023?
Gold closed January 2023 at $1,929.50 an ounce (COMEX settlement). It opened the month at $1,846.10 and averaged $1,902.83 across 20 trading days; the World Bank’s London average for the month was $1,898.00.
Did gold go up in January 2023?
Yes. Gold was up 5.66% in January 2023, from $1,826.20 at the end of December 2022 to $1,929.50. It closed higher on 13 of 20 days. Among Januaries since 2001 it ranks 8th of 26 (best first).
What was the highest gold price in January 2023?
The highest close was $1,942.60 on 25 January 2023. The highest intraday price in the daily bars was $1,949.80 on 26 January 2023.
What was the lowest gold price in January 2023?
The lowest close was $1,840.60 on 5 January 2023, $102.00 (5.6%) below the month’s highest close. The lowest intraday price was $1,829.90 on 5 January 2023.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.