Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 2 March 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,592.30 per troy ounce on 2 March 2020, up $28.20 (1.80%) from the previous close of $1,564.10.
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.
No earlier session that month closed above this level.
This close sat 15.69% 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 $1,293.00, making this a +23.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,592.30 per troy ounce on 2 March 2020. That is $28.20 higher than the previous close of $1,564.10, a move of 1.80%.
The gold price rose on 2 March 2020, gaining $28.20 (1.80%) against the previous session's close of $1,564.10.
At $1,592.30 per troy ounce, one gram of pure gold was worth about $51.19 on 2 March 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 March 2020 18k gold was worth about $38.40 per gram and 14k about $29.86 per gram, against $51.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 95.5 on 2 March 2020, meaning one ounce of gold was worth roughly 95.5 ounces of silver.
A week before 2 March 2020, gold was around $1,672.40 per troy ounce, so the close of $1,592.30 is a loss of 4.8% over the week.
A year before 2 March 2020, gold was around $1,293.00 per troy ounce. The close of $1,592.30 therefore represents a rise of 23.1% over twelve months.
It closed 15.69% below the highest close on record up to that date, which was set on 2011-08-22.