Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 March 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $923.70 per troy ounce on 12 March 2009, up $13.30 (1.46%) from the previous close of $910.40.
This was the strongest close of the week up to that point.
This close sat 7.92% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $978.80, making this a -5.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $923.70 per troy ounce on 12 March 2009. That is $13.30 higher than the previous close of $910.40, a move of 1.46%.
The gold price rose on 12 March 2009, gaining $13.30 (1.46%) against the previous session's close of $910.40.
At $923.70 per troy ounce, one gram of pure gold was worth about $29.70 on 12 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2009 18k gold was worth about $22.27 per gram and 14k about $17.32 per gram, against $29.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.3 on 12 March 2009, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
It closed 7.92% below the highest close on record up to that date, which was set on 2008-03-18.