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Gold closed at $5,115.80 per troy ounce on 12 March 2026, down $51.60 (1.00%) from the previous close of $5,167.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,939.10, making this a +74.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $5,115.80 per troy ounce on 12 March 2026. That is $51.60 lower than the previous close of $5,167.40, a move of -1.00%.
The gold price fell on 12 March 2026, losing $51.60 (1.00%) against the previous session's close of $5,167.40.
At $5,115.80 per troy ounce, one gram of pure gold was worth about $164.48 on 12 March 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 March 2026 18k gold was worth about $123.36 per gram and 14k about $95.94 per gram, against $164.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.4 on 12 March 2026, meaning one ounce of gold was worth roughly 60.4 ounces of silver.
A week before 12 March 2026, gold was around $5,065.30 per troy ounce, so the close of $5,115.80 is a gain of 1.0% over the week.
A month before 12 March 2026, gold was around $4,923.70 per troy ounce, so the close of $5,115.80 is a gain of 3.9% over the month.
A year before 12 March 2026, gold was around $2,939.10 per troy ounce. The close of $5,115.80 therefore represents a rise of 74.1% over twelve months.