Highest so far that month
No earlier session that month closed above this level.
This page is a historical record of the gold price in 2 March 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 February 2009
Gold closed at $939.00 per troy ounce on 2 March 2009, down $2.500 (0.27%) from the previous close of $941.50.
This close extended a run of 6 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 6.40% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $972.10, making this a -3.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $939.00 per troy ounce on 2 March 2009. That is $2.50 lower than the previous close of $941.50, a move of -0.27%.
The gold price fell on 2 March 2009, losing $2.50 (0.27%) against the previous session's close of $941.50.
At $939.00 per troy ounce, one gram of pure gold was worth about $30.19 on 2 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 March 2009 18k gold was worth about $22.64 per gram and 14k about $17.61 per gram, against $30.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.0 on 2 March 2009, meaning one ounce of gold was worth roughly 72.0 ounces of silver.
A week before 2 March 2009, gold was around $994.60 per troy ounce, so the close of $939.00 is a loss of 5.6% over the week.
This close was session 6 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 6.40% below the highest close on record up to that date, which was set on 2008-03-18.