Distance from the record
This close sat 12.16% 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 15 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,659.10 per troy ounce on 15 March 2012, up $16.60 (1.01%) from the previous close of $1,642.50.
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 12.16% 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 $1,392.60, making this a +19.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,659.10 per troy ounce on 15 March 2012. That is $16.60 higher than the previous close of $1,642.50, a move of 1.01%.
The gold price rose on 15 March 2012, gaining $16.60 (1.01%) against the previous session's close of $1,642.50.
At $1,659.10 per troy ounce, one gram of pure gold was worth about $53.34 on 15 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 March 2012 18k gold was worth about $40.01 per gram and 14k about $31.12 per gram, against $53.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.7 on 15 March 2012, meaning one ounce of gold was worth roughly 50.7 ounces of silver.
A week before 15 March 2012, gold was around $1,698.10 per troy ounce, so the close of $1,659.10 is a loss of 2.3% over the week.
A year before 15 March 2012, gold was around $1,392.60 per troy ounce. The close of $1,659.10 therefore represents a rise of 19.1% over twelve months.
It closed 12.16% below the highest close on record up to that date, which was set on 2011-08-22.