Distance from the record
This close sat 21.78% 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 18 March 2020, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 20 December 2019
Gold closed at $1,477.30 per troy ounce on 18 March 2020, down $47.60 (3.12%) from the previous close of $1,524.90.
Notable session: lowest close of the year; lowest close of the month; moved more than 3% in a session.
Gold lost 3.12% 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 21.78% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 253 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,300.30, making this a +13.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,477.30 per troy ounce on 18 March 2020. That is $47.60 lower than the previous close of $1,524.90, a move of -3.12%.
The gold price fell on 18 March 2020, losing $47.60 (3.12%) against the previous session's close of $1,524.90.
At $1,477.30 per troy ounce, one gram of pure gold was worth about $47.50 on 18 March 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 March 2020 18k gold was worth about $35.62 per gram and 14k about $27.71 per gram, against $47.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 125.9 on 18 March 2020, meaning one ounce of gold was worth roughly 125.9 ounces of silver.
A week before 18 March 2020, gold was around $1,641.40 per troy ounce, so the close of $1,477.30 is a loss of 10.0% over the week.
A month before 18 March 2020, gold was around $1,600.00 per troy ounce, so the close of $1,477.30 is a loss of 7.7% over the month.
A year before 18 March 2020, gold was around $1,300.30 per troy ounce. The close of $1,477.30 therefore represents a rise of 13.6% over twelve months.
It closed 21.78% below the highest close on record up to that date, which was set on 2011-08-22.