Gold price in January 2024: daily prices, high, low and change
Gold closed January 2024 at $2,048.40 an ounce, down 1.13% on the month. The highest close was $2,073.40 on 2 Jan and the lowest $2,006.50 on 17 Jan. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, January 2024 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = December 2023 close ($2,071.80).
Daily gold prices in January 2024 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 2 Jan | $2,072.70 | $2,088.10 | $2,064.30 | $2,073.40 | +$1.60 | +0.08% |
| Wed 3 Jan worst day | $2,067.90 | $2,074.30 | $2,038.30 | $2,042.80 | −$30.60 | −1.48% |
| Thu 4 Jan | $2,049.30 | $2,058.10 | $2,043.30 | $2,050.00 | +$7.20 | +0.35% |
| Fri 5 Jan | $2,051.40 | $2,071.10 | $2,030.80 | $2,049.80 | −$0.20 | −0.01% |
| Mon 8 Jan | $2,052.60 | $2,053.30 | $2,022.70 | $2,033.50 | −$16.30 | −0.80% |
| Tue 9 Jan | $2,034.50 | $2,048.60 | $2,031.90 | $2,033.00 | −$0.50 | −0.02% |
| Wed 10 Jan | $2,036.00 | $2,046.20 | $2,025.90 | $2,027.80 | −$5.20 | −0.26% |
| Thu 11 Jan | $2,029.40 | $2,056.10 | $2,017.30 | $2,019.20 | −$8.60 | −0.42% |
| Fri 12 Jan best day | $2,033.20 | $2,067.30 | $2,033.10 | $2,051.60 | +$32.40 | +1.60% |
| Tue 16 Jan | $2,053.40 | $2,062.80 | $2,027.60 | $2,030.20 | −$21.40 | −1.04% |
| Wed 17 Jan | $2,031.70 | $2,036.10 | $2,004.60 | $2,006.50 | −$23.70 | −1.17% |
| Thu 18 Jan | $2,009.10 | $2,025.60 | $2,007.70 | $2,021.60 | +$15.10 | +0.75% |
| Fri 19 Jan | $2,027.40 | $2,041.90 | $2,022.20 | $2,029.30 | +$7.70 | +0.38% |
| Mon 22 Jan | $2,031.80 | $2,034.10 | $2,017.40 | $2,022.20 | −$7.10 | −0.35% |
| Tue 23 Jan | $2,023.20 | $2,039.30 | $2,020.80 | $2,025.80 | +$3.60 | +0.18% |
| Wed 24 Jan | $2,030.70 | $2,037.90 | $2,011.70 | $2,016.00 | −$9.80 | −0.48% |
| Thu 25 Jan | $2,014.80 | $2,025.60 | $2,004.00 | $2,017.80 | +$1.80 | +0.09% |
| Fri 26 Jan | $2,021.00 | $2,028.10 | $2,015.60 | $2,017.30 | −$0.50 | −0.02% |
| Mon 29 Jan | $2,024.40 | $2,037.20 | $2,018.80 | $2,025.40 | +$8.10 | +0.40% |
| Tue 30 Jan | $2,032.50 | $2,048.50 | $2,028.10 | $2,031.50 | +$6.10 | +0.30% |
| Wed 31 Jan | $2,035.40 | $2,055.00 | $2,030.00 | $2,048.40 | +$16.90 | +0.83% |
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 2024 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $2,073.40 | $2,073.40 | $2,006.50 | $2,048.40 | −1.13% |
| Intraday | $2,072.70 | $2,088.10 2 Jan | $2,004.00 25 Jan | $2,048.40 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2024 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 2024: summary
Gold edged lower 1.13% in January 2024, from $2,071.80 at the end of December 2023 to $2,048.40 an ounce. Gold closed higher on 10 of 21 trading days and lower on 11; the strongest session was 12 January 2024 (+1.60%) and the weakest 3 January 2024 (−1.48%). Settlement prices ranged from $2,006.50 on 17 January 2024 to $2,073.40 on 2 January 2024, a spread of $66.90 (3.2%), narrower than the 5.5% average of the previous 12 months.
It ended a run of 3 straight monthly gains.
How January 2024 compares
- Against other Januaries: at −1.13%, January 2024 ranks 20th of 26 Januaries since 2001 (best first).
- Against every month: it ranks 206th of 313 months since September 2000, better than 34% of them.
- Range: the gap between the highest and lowest close was $66.90, or 3.2% of the opening level, 0.6× the 5.5% average of the previous 12 months.
- Daily moves: the average day moved 0.52% (up or down), against 0.62% over the previous 12 months, so January 2024 was calmer than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 5 days.
- Bigger picture: at the month-end close gold was +6.16% over 12 months (against the January 2023 close of $1,929.50).
- Average price: the mean of the 21 daily closes was $2,032.05; the World Bank's monthly average of the London (LBMA) price was $2,034.00.
Across the other 25 completed Januaries since 2001, gold averaged +3.12% and rose in 17 of them (68%). January 2024 lagged that average by 4.2 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 2024 in today's dollars
Adjusted for US consumer-price inflation, the $2,048.40 closing price equals about $2,224 in September 2026 dollars (CPI 309.7 in January 2024 against 336.3 in September 2026, FRED series CPIAUCSL), 9% 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 2024
The gold price in 2024 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 2024?
Gold closed January 2024 at $2,048.40 an ounce (COMEX settlement). It opened the month at $2,073.40 and averaged $2,032.05 across 21 trading days; the World Bank’s London average for the month was $2,034.00.
Did gold go up in January 2024?
No. Gold was down 1.13% in January 2024, from $2,071.80 at the end of December 2023 to $2,048.40. It closed higher on 10 of 21 days. Among Januaries since 2001 it ranks 20th of 26 (best first).
What was the highest gold price in January 2024?
The highest close was $2,073.40 on 2 January 2024. The highest intraday price in the daily bars was $2,088.10 on 2 January 2024.
What was the lowest gold price in January 2024?
The lowest close was $2,006.50 on 17 January 2024, $66.90 (3.2%) below the month’s highest close. The lowest intraday price was $2,004.00 on 25 January 2024.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.