Distance from the record
This close sat 12.81% 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 20 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,646.70 per troy ounce on 20 March 2012, down $20.20 (1.21%) from the previous close of $1,666.90.
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.
This close sat 12.81% 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 $1,415.90, making this a +16.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,646.70 per troy ounce on 20 March 2012. That is $20.20 lower than the previous close of $1,666.90, a move of -1.21%.
The gold price fell on 20 March 2012, losing $20.20 (1.21%) against the previous session's close of $1,666.90.
At $1,646.70 per troy ounce, one gram of pure gold was worth about $52.94 on 20 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 March 2012 18k gold was worth about $39.71 per gram and 14k about $30.88 per gram, against $52.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.8 on 20 March 2012, meaning one ounce of gold was worth roughly 51.8 ounces of silver.
A week before 20 March 2012, gold was around $1,693.70 per troy ounce, so the close of $1,646.70 is a loss of 2.8% over the week.
A year before 20 March 2012, gold was around $1,415.90 per troy ounce. The close of $1,646.70 therefore represents a rise of 16.3% over twelve months.
It closed 12.81% below the highest close on record up to that date, which was set on 2011-08-22.