Distance from the record
This close sat 30.58% 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 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 29 December 2017
Gold closed at $1,311.10 per troy ounce on 20 March 2018, down $5.700 (0.43%) from the previous close of $1,316.80.
Notable session: lowest close of the month.
This close sat 30.58% 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 $1,233.60, making this a +6.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,311.10 per troy ounce on 20 March 2018. That is $5.70 lower than the previous close of $1,316.80, a move of -0.43%.
The gold price fell on 20 March 2018, losing $5.70 (0.43%) against the previous session's close of $1,316.80.
At $1,311.10 per troy ounce, one gram of pure gold was worth about $42.15 on 20 March 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 March 2018 18k gold was worth about $31.61 per gram and 14k about $24.59 per gram, against $42.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.3 on 20 March 2018, meaning one ounce of gold was worth roughly 81.3 ounces of silver.
It closed 30.58% below the highest close on record up to that date, which was set on 2011-08-22.