Distance from the record
This close sat 10.32% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 13 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,693.70 per troy ounce on 13 March 2012, down $5.500 (0.32%) from the previous close of $1,699.20.
This close sat 10.32% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,421.50, making this a +19.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,693.70 per troy ounce on 13 March 2012. That is $5.50 lower than the previous close of $1,699.20, a move of -0.32%.
The gold price fell on 13 March 2012, losing $5.50 (0.32%) against the previous session's close of $1,699.20.
At $1,693.70 per troy ounce, one gram of pure gold was worth about $54.45 on 13 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 March 2012 18k gold was worth about $40.84 per gram and 14k about $31.76 per gram, against $54.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.5 on 13 March 2012, meaning one ounce of gold was worth roughly 50.5 ounces of silver.
A year before 13 March 2012, gold was around $1,421.50 per troy ounce. The close of $1,693.70 therefore represents a rise of 19.1% over twelve months.
It closed 10.32% below the highest close on record up to that date, which was set on 2011-08-22.