Distance from the record
This close sat 1.21% below the highest gold close recorded up to that date, set on 2011-03-01.
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This page is a historical record of the gold price in 11 March 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,421.50 per troy ounce on 11 March 2011, up $9.300 (0.66%) from the previous close of $1,412.20.
This close sat 1.21% below the highest gold close recorded up to that date, set on 2011-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,108.00, making this a +28.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,421.50 per troy ounce on 11 March 2011. That is $9.30 higher than the previous close of $1,412.20, a move of 0.66%.
The gold price rose on 11 March 2011, gaining $9.30 (0.66%) against the previous session's close of $1,412.20.
At $1,421.50 per troy ounce, one gram of pure gold was worth about $45.70 on 11 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 March 2011 18k gold was worth about $34.28 per gram and 14k about $26.66 per gram, against $45.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 39.6 on 11 March 2011, meaning one ounce of gold was worth roughly 39.6 ounces of silver.
A year before 11 March 2011, gold was around $1,108.00 per troy ounce. The close of $1,421.50 therefore represents a rise of 28.3% over twelve months.
It closed 1.21% below the highest close on record up to that date, which was set on 2011-03-01.