Distance from the record
This close sat 12.64% 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 21 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,650.00 per troy ounce on 21 March 2012, up $3.300 (0.20%) from the previous close of $1,646.70.
This close sat 12.64% 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 $1,426.20, making this a +15.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,650.00 per troy ounce on 21 March 2012. That is $3.30 higher than the previous close of $1,646.70, a move of 0.20%.
The gold price rose on 21 March 2012, gaining $3.30 (0.20%) against the previous session's close of $1,646.70.
At $1,650.00 per troy ounce, one gram of pure gold was worth about $53.05 on 21 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 March 2012 18k gold was worth about $39.79 per gram and 14k about $30.95 per gram, against $53.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.2 on 21 March 2012, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A month before 21 March 2012, gold was around $1,757.10 per troy ounce, so the close of $1,650.00 is a loss of 6.1% over the month.
A year before 21 March 2012, gold was around $1,426.20 per troy ounce. The close of $1,650.00 therefore represents a rise of 15.7% over twelve months.
It closed 12.64% below the highest close on record up to that date, which was set on 2011-08-22.