Distance from the record
This close sat 5.53% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 21 March 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,938.00 per troy ounce on 21 March 2023, down $41.20 (2.08%) from the previous close of $1,979.20.
Gold lost 2.08% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 5.53% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,928.60, making this a +0.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,938.00 per troy ounce on 21 March 2023. That is $41.20 lower than the previous close of $1,979.20, a move of -2.08%.
The gold price fell on 21 March 2023, losing $41.20 (2.08%) against the previous session's close of $1,979.20.
At $1,938.00 per troy ounce, one gram of pure gold was worth about $62.31 on 21 March 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 March 2023 18k gold was worth about $46.73 per gram and 14k about $36.35 per gram, against $62.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.8 on 21 March 2023, meaning one ounce of gold was worth roughly 86.8 ounces of silver.
A month before 21 March 2023, gold was around $1,833.00 per troy ounce, so the close of $1,938.00 is a gain of 5.7% over the month.
It closed 5.53% below the highest close on record up to that date, which was set on 2020-08-06.