Distance from the record
This close sat 1.60% 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 18 March 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,415.90 per troy ounce on 18 March 2011, up $11.90 (0.85%) from the previous close of $1,404.00.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 1.60% 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 $1,127.40, making this a +25.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,415.90 per troy ounce on 18 March 2011. That is $11.90 higher than the previous close of $1,404.00, a move of 0.85%.
The gold price rose on 18 March 2011, gaining $11.90 (0.85%) against the previous session's close of $1,404.00.
At $1,415.90 per troy ounce, one gram of pure gold was worth about $45.52 on 18 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 March 2011 18k gold was worth about $34.14 per gram and 14k about $26.55 per gram, against $45.52 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 40.4 on 18 March 2011, meaning one ounce of gold was worth roughly 40.4 ounces of silver.
A year before 18 March 2011, gold was around $1,127.40 per troy ounce. The close of $1,415.90 therefore represents a rise of 25.6% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 1.60% below the highest close on record up to that date, which was set on 2011-03-01.