Distance from the record
This close sat 16.18% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 12 March 2021, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,719.50 per troy ounce on 12 March 2021, down $2.800 (0.16%) from the previous close of $1,722.30.
This close sat 16.18% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten lowest gold closes of that year, ranking 242 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,589.30, making this a +8.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,719.50 per troy ounce on 12 March 2021. That is $2.80 lower than the previous close of $1,722.30, a move of -0.16%.
The gold price fell on 12 March 2021, losing $2.80 (0.16%) against the previous session's close of $1,722.30.
At $1,719.50 per troy ounce, one gram of pure gold was worth about $55.28 on 12 March 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2021 18k gold was worth about $41.46 per gram and 14k about $32.25 per gram, against $55.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 12 March 2021, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A month before 12 March 2021, gold was around $1,821.60 per troy ounce, so the close of $1,719.50 is a loss of 5.6% over the month.
It closed 16.18% below the highest close on record up to that date, which was set on 2020-08-06.