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Lowest closing price since 1 January 2014
Gold closed at $1,283.40 per troy ounce on 1 March 2014, down $38.00 (2.88%) from the previous close of $1,321.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,594.80, making this a -19.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,283.40 per troy ounce on 1 March 2014. That is $38.00 lower than the previous close of $1,321.40, a move of -2.88%.
The gold price fell on 1 March 2014, losing $38.00 (2.88%) against the previous session's close of $1,321.40.
At $1,283.40 per troy ounce, one gram of pure gold was worth about $41.26 on 1 March 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 March 2014 18k gold was worth about $30.95 per gram and 14k about $24.07 per gram, against $41.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.0 on 1 March 2014, meaning one ounce of gold was worth roughly 65.0 ounces of silver.
A week before 1 March 2014, gold was around $1,321.40 per troy ounce, so the close of $1,283.40 is a loss of 2.9% over the week.
A month before 1 March 2014, gold was around $1,321.40 per troy ounce, so the close of $1,283.40 is a loss of 2.9% over the month.
A year before 1 March 2014, gold was around $1,594.80 per troy ounce. The close of $1,283.40 therefore represents a fall of 19.5% over twelve months.