Distance from the record
This close sat 2.57% below the highest gold close recorded up to that date, set on 2024-03-01.
This page is a historical record of the gold price in 12 March 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,160.40 per troy ounce on 12 March 2024, down $22.10 (1.01%) from the previous close of $2,182.50.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 2.57% below the highest gold close recorded up to that date, set on 2024-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,862.00, making this a +16.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,160.40 per troy ounce on 12 March 2024. That is $22.10 lower than the previous close of $2,182.50, a move of -1.01%.
The gold price fell on 12 March 2024, losing $22.10 (1.01%) against the previous session's close of $2,182.50.
At $2,160.40 per troy ounce, one gram of pure gold was worth about $69.46 on 12 March 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2024 18k gold was worth about $52.09 per gram and 14k about $40.52 per gram, against $69.46 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.3 on 12 March 2024, meaning one ounce of gold was worth roughly 89.3 ounces of silver.
A month before 12 March 2024, gold was around $2,018.20 per troy ounce, so the close of $2,160.40 is a gain of 7.0% over the month.
A year before 12 March 2024, gold was around $1,862.00 per troy ounce. The close of $2,160.40 therefore represents a rise of 16.0% over twelve months.
It closed 2.57% below the highest close on record up to that date, which was set on 2024-03-01.