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Lowest closing price since 19 February 2026
Gold closed at $4,994.00 per troy ounce on 16 March 2026, down $58.50 (1.16%) from the previous close of $5,052.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,994.50, making this a +66.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,994.00 per troy ounce on 16 March 2026. That is $58.50 lower than the previous close of $5,052.50, a move of -1.16%.
The gold price fell on 16 March 2026, losing $58.50 (1.16%) against the previous session's close of $5,052.50.
At $4,994.00 per troy ounce, one gram of pure gold was worth about $160.56 on 16 March 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 March 2026 18k gold was worth about $120.42 per gram and 14k about $93.66 per gram, against $160.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.2 on 16 March 2026, meaning one ounce of gold was worth roughly 62.2 ounces of silver.
A week before 16 March 2026, gold was around $5,091.50 per troy ounce, so the close of $4,994.00 is a loss of 1.9% over the week.
A month before 16 March 2026, gold was around $5,022.00 per troy ounce, so the close of $4,994.00 is a loss of 0.6% over the month.
A year before 16 March 2026, gold was around $2,994.50 per troy ounce. The close of $4,994.00 therefore represents a rise of 66.8% over twelve months.