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Price history · January 2026

Gold price in January 2026

Gold rose 14.1% in January 2026, closing at $4,981.85 on January 30, 2026. The month's high was $5,405.00 on Jan 29 and its low $4,352.95 on Jan 2; the average price was $4,744.46, up 10.6% on December's. That left gold up 14.1% for 2026 so far.

Data retrieved 2026-11-03 LBMA Gold Price PM (daily benchmark), 21 trading days Methodology

Gold opened January 2026 at $4,352.95 and closed at $4,981.85; high $5,405.00 on January 29, 2026, low $4,352.95 on January 2, 2026.

Gold, US dollars per troy ounce, each trading day of January 2026. LBMA Gold Price PM (daily benchmark), 21 trading days. Dashed line: the previous month's average.

Gold day by day in January 2026

Each trading day's change against the previous trading day's price. Jan 2 is compared with Dec 30, the last price of December 2025.

Day Change Size of the move
Fri Jan 2 −0.34%
Mon Jan 5 +2.38%
Tue Jan 6 +0.76%
Wed Jan 7 −1.17%
Thu Jan 8 −0.19%
Fri Jan 9 +1.46%
Mon Jan 12 +2.65%
Tue Jan 13 +0.22%
Wed Jan 14 −0.36%
Thu Jan 15 +0.09%
Fri Jan 16 0.00%
Mon Jan 19 +1.21%
Tue Jan 20 +1.73%
Wed Jan 21 +2.50%
Thu Jan 22 −0.71%
Fri Jan 23 +2.36%
Mon Jan 26 +2.92%
Tue Jan 27 −0.52%
Wed Jan 28 +4.79%
Thu Jan 29 +1.85%
Fri Jan 30 −7.83%
  • Days up13of 21 trading days
  • Days down7of 21 trading days (1 unchanged)
  • Largest rise+4.79%Jan 28
  • Largest fall−7.83%Jan 30
  • Typical daily move1.21%median size of a day's move, up or down

LBMA Gold Price PM (daily benchmark), 21 trading days. Moves are worked out from the daily prices; the daily LBMA prices themselves are not listed (see sources below). Past moves, not a forecast.

What moved gold in January 2026

Gold's biggest monthly gain since September 1999: +14.1%. Concern about the Fed's independence (January 12), a US-Europe tariff dispute (January 19 and 20) and a weaker dollar drove the buying; the LBMA price passed $5,000 for the first time on January 26 and peaked on January 29. The next day, after President Trump named Kevin Warsh as his choice for Fed chair, the dollar rose and gold fell 7.8%, its largest one-day drop since April 2013.

Largest one-day rise: +4.8% on Jan 28. Largest one-day fall: −7.8% on Jan 30.

Day-by-day news for January 2026 is on our gold and silver price timeline, with a short brief for each trading day.

What is moving gold now: today's market news.

Written by the Bullion Trading LLC editorial team from the price data and our daily news briefs, which summarise reports by Reuters, Kitco, Bloomberg and other outlets. Past moves, not a forecast.

January 2026 compared

MonthAverageHighLowCloseChange
January 2026 $4,744.46 $5,405.00 $4,352.95 $4,981.85 +14.1%
December 2025 $4,289.48 $4,449.40 $4,188.25 $4,367.80 +4.2%
January 2025 $2,709.69 $2,812.05 $2,633.35 $2,812.05 +7.8%

Gold's January 2026 average was 75.1% above its January 2025 average. January's high was the highest daily price of 2026 up to that point.

US dollars per troy ounce. Change = the month's last price against the previous month's last price.

Gold month by month

Gold price in 2026 →

Silver price in January 2026 →

For today's gold price, see the live spot price page and today's market news, or shop gold bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.

Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries and daily percentage moves only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.