Distance from the record
This close sat 13.05% 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 22 March 2012, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 January 2012
Gold closed at $1,642.30 per troy ounce on 22 March 2012, down $7.700 (0.47%) from the previous close of $1,650.00.
Notable session: lowest close of the month.
This close sat 13.05% 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 $1,427.50, making this a +15.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,642.30 per troy ounce on 22 March 2012. That is $7.70 lower than the previous close of $1,650.00, a move of -0.47%.
The gold price fell on 22 March 2012, losing $7.70 (0.47%) against the previous session's close of $1,650.00.
At $1,642.30 per troy ounce, one gram of pure gold was worth about $52.80 on 22 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 March 2012 18k gold was worth about $39.60 per gram and 14k about $30.80 per gram, against $52.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.4 on 22 March 2012, meaning one ounce of gold was worth roughly 52.4 ounces of silver.
A month before 22 March 2012, gold was around $1,770.00 per troy ounce, so the close of $1,642.30 is a loss of 7.2% over the month.
A year before 22 March 2012, gold was around $1,427.50 per troy ounce. The close of $1,642.30 therefore represents a rise of 15.0% over twelve months.
It closed 13.05% below the highest close on record up to that date, which was set on 2011-08-22.