Distance from the record
This close sat 3.22% below the highest gold close recorded up to that date, set on 2011-03-01.
Loading…
This page is a historical record of the gold price in 15 March 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 February 2011
Gold closed at $1,392.60 per troy ounce on 15 March 2011, down $32.00 (2.25%) from the previous close of $1,424.60.
Notable session: lowest close of the month.
Gold lost 2.25% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 3.22% below the highest gold close recorded up to that date, set on 2011-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,105.10, making this a +26.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,392.60 per troy ounce on 15 March 2011. That is $32.00 lower than the previous close of $1,424.60, a move of -2.25%.
The gold price fell on 15 March 2011, losing $32.00 (2.25%) against the previous session's close of $1,424.60.
At $1,392.60 per troy ounce, one gram of pure gold was worth about $44.77 on 15 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 March 2011 18k gold was worth about $33.58 per gram and 14k about $26.12 per gram, against $44.77 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 40.8 on 15 March 2011, meaning one ounce of gold was worth roughly 40.8 ounces of silver.
A week before 15 March 2011, gold was around $1,426.90 per troy ounce, so the close of $1,392.60 is a loss of 2.4% over the week.
A year before 15 March 2011, gold was around $1,105.10 per troy ounce. The close of $1,392.60 therefore represents a rise of 26.0% over twelve months.
It closed 3.22% below the highest close on record up to that date, which was set on 2011-03-01.