Gold Price in January 2009
In January 2009, gold rose 4.9%, from $883.60 at the end of December to $927.30 per troy ounce on January 30, 2009. The highest close was $927.30 on January 30, 2009, the lowest $806.70 on January 15, 2009, and the average over 20 trading days was $861.56. Today's price is 318.1% higher than the January 2009 close.
Gold ended January higher. What usually happens in February after a higher January →
- Gold rose 4.9% in US dollars in January 2009.
- Measured in other currencies, the change ranged from +4.1% in JPY to +16.8% in CHF, because exchange rates moved too.
- It did better than US stocks (−8.4%), and worse than silver (+11.4%).
- It closed higher on 10 trading days and lower on 10, with an average daily move of 1.69%.
- At the end of the month it was 7.6% below its highest close since 2000.
- Gold/silver ratio: 78.4 → 73.8.
Gold price chart, January 2009
US dollars per troy ounce · daily closeGold in other currencies, January 2009
| Currency | Change in the month |
|---|---|
| CHF | +16.8% |
| AUD | +16.0% |
| TRY | +14.7% |
| EUR | +14.3% |
| ZAR | +14.0% |
| EGP | +7.1% |
| INR | +6.4% |
| CAD | +5.9% |
| GBP | +5.6% |
| CNY | +5.2% |
| PKR | +5.1% |
| JPY | +4.1% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, January 2009
| Asset | Change (USD) |
|---|---|
| Gold | +4.9% |
| Silver | +11.4% |
| S&P 500 (with dividends) | −8.4% |
| US inflation (CPI, month) | +0.44% |
| Gold/silver ratio | 78.4 → 73.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, January 2009
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Jan 2Fri | $878.80 | −0.54% | $28.25 | ₹13,631 | AED 103.72 |
| Jan 5Mon | $857.20 | −2.46% | $27.56 | ₹13,292 | AED 101.20 |
| Jan 6Tue | $865.40 | +0.96% | $27.82 | ₹13,496 | AED 102.17 |
| Jan 7Wed | $841.10 | −2.81% | $27.04 | ₹13,129 | AED 99.30 |
| Jan 8Thu | $853.90 | +1.52% | $27.45 | ₹13,278 | AED 100.81 |
| Jan 9Fri | $854.30 | +0.05% | $27.47 | ₹13,312 | AED 100.86 |
| Jan 12Mon | $820.30 | −3.98% | $26.37 | ₹12,789 | AED 96.82 |
| Jan 13Tue | $820.10 | −0.02% | $26.37 | ₹12,885 | AED 96.81 |
| Jan 14Wed | $808.20 | −1.45% | $25.98 | ₹12,641 | AED 95.40 |
| Jan 15Thu | $806.70 | −0.19% | $25.94 | ₹12,623 | AED 95.24 |
| Jan 16Fri | $839.30 | +4.04% | $26.98 | ₹13,126 | AED 99.08 |
| Jan 20Tue | $854.60 | +1.82% | $27.48 | ₹13,438 | AED 100.88 |
| Jan 21Wed | $849.60 | −0.59% | $27.32 | ₹13,421 | AED 100.29 |
| Jan 22Thu | $858.20 | +1.01% | $27.59 | ₹13,542 | AED 101.33 |
| Jan 23Fri | $895.30 | +4.32% | $28.78 | ₹14,110 | AED 105.71 |
| Jan 26Mon | $908.50 | +1.47% | $29.21 | ₹14,157 | AED 107.27 |
| Jan 27Tue | $899.20 | −1.02% | $28.91 | ₹14,105 | AED 106.14 |
| Jan 28Wed | $888.10 | −1.23% | $28.55 | ₹13,932 | AED 104.83 |
| Jan 29Thu | $905.10 | +1.91% | $29.10 | ₹14,222 | AED 106.87 |
| Jan 30Fri | $927.30 | +2.45% | $29.81 | ₹14,529 | AED 109.47 |
How January usually goes for gold
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Every January since 1971 →
Gold in January 2009: FAQ
What was the price of gold in January 2009?
Gold traded between $806.70 and $927.30 per troy ounce (daily closes) in January 2009, averaging $861.56. It closed the month at $927.30.
How much did gold go up in January 2009?
Gold rose 4.9%, from $883.60 to $927.30. The biggest daily rise was +4.3% on January 23, 2009 and the biggest fall −4.0% on January 12, 2009.
What was the gold price on January 2, 2009?
Gold closed at $878.80 per troy ounce on January 2, 2009, the first trading day of the month. 24K India, ₹ per 10 g: ₹13,631.
Is January usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in January 2009?
Gold rose 6.4% in Indian rupee terms in January 2009, compared with +4.9% in US dollars.
Did gold beat stocks in January 2009?
Yes. Gold was +4.9% for the month, against −8.4% for the S&P 500 with dividends.
Did gold keep up with inflation in January 2009?
US consumer prices (CPI) changed +0.44% in January, so gold's real (inflation-adjusted) change was about +4.5%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinjanuary, author = {{Corgano}}, title = {Gold Price in January 2009}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2009/january}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}