Distance from the record
This close sat 13.09% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 11 March 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,641.40 per troy ounce on 11 March 2020, down $17.70 (1.07%) from the previous close of $1,659.10.
This close sat 13.09% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,288.80, making this a +27.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,641.40 per troy ounce on 11 March 2020. That is $17.70 lower than the previous close of $1,659.10, a move of -1.07%.
The gold price fell on 11 March 2020, losing $17.70 (1.07%) against the previous session's close of $1,659.10.
At $1,641.40 per troy ounce, one gram of pure gold was worth about $52.77 on 11 March 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 March 2020 18k gold was worth about $39.58 per gram and 14k about $30.78 per gram, against $52.77 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 98.1 on 11 March 2020, meaning one ounce of gold was worth roughly 98.1 ounces of silver.
A year before 11 March 2020, gold was around $1,288.80 per troy ounce. The close of $1,641.40 therefore represents a rise of 27.4% over twelve months.
It closed 13.09% below the highest close on record up to that date, which was set on 2011-08-22.