Gold Price in January 2025
In January 2025, gold rose 6.5%, from $2,641.00 at the end of December to $2,812.50 per troy ounce on January 31, 2025. The highest close was $2,823.00 on January 30, 2025, the lowest $2,647.40 on January 6, 2025, and the average over 21 trading days was $2,727.53. Today's price is 37.8% higher than the January 2025 close.
Gold ended January higher. What usually happens in February after a higher January →
- Gold rose 6.5% in US dollars in January 2025.
- Measured in other currencies, the change ranged from +4.5% in JPY to +8.1% in TRY, because exchange rates moved too.
- It did better than US stocks (+2.8%), and worse than silver (+11.0%) and bitcoin (+9.6%).
- It closed higher on 14 trading days and lower on 7, with an average daily move of 0.71%.
- It set 1 record closing high (London price, records since 1968), the last on 30 January.
- Gold/silver ratio: 91.3 → 87.5.
- The biggest reaction to a scheduled US release was to the Fed rate decision on 29 January: +2.0% over two sessions.
Gold price chart, January 2025
US dollars per troy ounce · daily closeGold in other currencies, January 2025
| Currency | Change in the month |
|---|---|
| TRY | +8.1% |
| GBP | +7.6% |
| INR | +7.6% |
| CAD | +7.6% |
| CHF | +7.2% |
| PKR | +7.1% |
| EUR | +6.6% |
| AUD | +6.6% |
| ZAR | +5.4% |
| EGP | +5.2% |
| CNY | +4.8% |
| JPY | +4.5% |
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 2025
| Asset | Change (USD) |
|---|---|
| Gold | +6.5% |
| Silver | +11.0% |
| Bitcoin | +9.6% |
| S&P 500 (with dividends) | +2.8% |
| US inflation (CPI, month) | +0.65% |
| Gold/silver ratio | 91.3 → 87.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in January 2025
Scheduled US releases this month and how gold moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Gold |
|---|---|---|---|
| Fri 10 Jan | Jobs report (December 2024) | — | +0.9% |
| Wed 15 Jan | CPI inflation (December 2024) | — | +1.3% |
| Wed 29 Jan | Fed rate decision | Rates unchanged (4.25–4.50%) | +2.0% |
Daily Gold Prices, January 2025
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 2Thu | $2,669.00 | +1.06% | $85.81 | ₹73,613 | AED 315.10 |
| Jan 3Fri | $2,654.70 | −0.54% | $85.35 | ₹73,234 | AED 313.41 |
| Jan 6Mon | $2,647.40 | −0.27% | $85.12 | ₹72,995 | AED 312.55 |
| Jan 7Tue | $2,665.40 | +0.68% | $85.69 | ₹73,424 | AED 314.67 |
| Jan 8Wed | $2,672.40 | +0.26% | $85.92 | ₹73,725 | AED 315.50 |
| Jan 9Thu | $2,690.80 | +0.69% | $86.51 | ₹74,320 | AED 317.67 |
| Jan 10Fri | $2,715.00 | +0.90% | $87.29 | ₹74,999 | AED 320.53 |
| Jan 13Mon | $2,678.60 | −1.34% | $86.12 | ₹74,224 | AED 316.23 |
| Jan 14Tue | $2,682.30 | +0.14% | $86.24 | ₹74,726 | AED 316.67 |
| Jan 15Wed | $2,717.80 | +1.32% | $87.38 | ₹75,614 | AED 320.86 |
| Jan 16Thu | $2,750.90 | +1.22% | $88.44 | ₹76,443 | AED 324.76 |
| Jan 17Fri | $2,748.70 | −0.08% | $88.37 | ₹76,536 | AED 324.50 |
| Jan 21Tue | $2,759.20 | +0.38% | $88.71 | ₹76,478 | AED 325.74 |
| Jan 22Wed | $2,770.90 | +0.42% | $89.09 | ₹77,017 | AED 327.13 |
| Jan 23Thu | $2,765.00 | −0.21% | $88.90 | ₹76,871 | AED 326.43 |
| Jan 24Fri | $2,778.90 | +0.50% | $89.34 | ₹77,229 | AED 328.07 |
| Jan 27Mon | $2,738.40 | −1.46% | $88.04 | ₹75,895 | AED 323.33 |
| Jan 28Tue | $2,767.50 | +1.06% | $88.98 | ₹76,937 | AED 326.72 |
| Jan 29Wed | $2,769.80 | +0.08% | $89.05 | ₹77,105 | AED 327.00 |
| Jan 30Thu | $2,823.00 | +1.92% | $90.76 | ₹78,636 | AED 333.28 |
| Jan 31Fri | $2,812.50 | −0.37% | $90.42 | ₹78,350 | AED 332.04 |
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 2025: FAQ
What was the price of gold in January 2025?
Gold traded between $2,647.40 and $2,823.00 per troy ounce (daily closes) in January 2025, averaging $2,727.53. It closed the month at $2,812.50.
How much did gold go up in January 2025?
Gold rose 6.5%, from $2,641.00 to $2,812.50. The biggest daily rise was +1.9% on January 30, 2025 and the biggest fall −1.5% on January 27, 2025.
What was the gold price on January 2, 2025?
Gold closed at $2,669.00 per troy ounce on January 2, 2025, the first trading day of the month. 24K India, ₹ per 10 g: ₹73,613.
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 2025?
Gold rose 7.6% in Indian rupee terms in January 2025, compared with +6.5% in US dollars.
Did gold beat stocks in January 2025?
Yes. Gold was +6.5% for the month, against +2.8% for the S&P 500 with dividends.
How did gold react to the Fed and US data in January 2025?
Of 3 scheduled US releases this month, the biggest move came after the Fed rate decision on 29 January: +2.0%. The full list with each reaction is on this page.
Did gold keep up with inflation in January 2025?
US consumer prices (CPI) changed +0.65% in January, so gold's real (inflation-adjusted) change was about +5.8%.
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 2025}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2025/january}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}