Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 12 March 2014, not the current price.See today's gold price (11 September 2026)
Highest closing price since 9 September 2013
Gold closed at $1,370.30 per troy ounce on 12 March 2014, up $23.80 (1.77%) from the previous close of $1,346.50.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 27.45% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 4 of 254 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,591.50, making this a -13.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,370.30 per troy ounce on 12 March 2014. That is $23.80 higher than the previous close of $1,346.50, a move of 1.77%.
The gold price rose on 12 March 2014, gaining $23.80 (1.77%) against the previous session's close of $1,346.50.
At $1,370.30 per troy ounce, one gram of pure gold was worth about $44.06 on 12 March 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2014 18k gold was worth about $33.04 per gram and 14k about $25.70 per gram, against $44.06 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.2 on 12 March 2014, meaning one ounce of gold was worth roughly 64.2 ounces of silver.
A week before 12 March 2014, gold was around $1,340.20 per troy ounce, so the close of $1,370.30 is a gain of 2.2% over the week.
A month before 12 March 2014, gold was around $1,295.30 per troy ounce, so the close of $1,370.30 is a gain of 5.8% over the month.
A year before 12 March 2014, gold was around $1,591.50 per troy ounce. The close of $1,370.30 therefore represents a fall of 13.9% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 27.45% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 6 months earlier — 128 trading sessions before this one.