Distance from the record
This close sat 9.52% below the highest gold close recorded up to that date, set on 2009-12-03.
This page is a historical record of the gold price in 12 March 2010, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 February 2010
Gold closed at $1,101.50 per troy ounce on 12 March 2010, down $6.500 (0.59%) from the previous close of $1,108.00.
This close sat 9.52% below the highest gold close recorded up to that date, set on 2009-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $923.70, making this a +19.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,101.50 per troy ounce on 12 March 2010. That is $6.50 lower than the previous close of $1,108.00, a move of -0.59%.
The gold price fell on 12 March 2010, losing $6.50 (0.59%) against the previous session's close of $1,108.00.
At $1,101.50 per troy ounce, one gram of pure gold was worth about $35.41 on 12 March 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2010 18k gold was worth about $26.56 per gram and 14k about $20.66 per gram, against $35.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.7 on 12 March 2010, meaning one ounce of gold was worth roughly 64.7 ounces of silver.
A week before 12 March 2010, gold was around $1,134.80 per troy ounce, so the close of $1,101.50 is a loss of 2.9% over the week.
A year before 12 March 2010, gold was around $923.70 per troy ounce. The close of $1,101.50 therefore represents a rise of 19.2% over twelve months.
It closed 9.52% below the highest close on record up to that date, which was set on 2009-12-03.