Distance from the record
This close sat 6.75% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 23 March 2005, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 11 February 2005
Gold closed at $425.20 per troy ounce on 23 March 2005, down $6.100 (1.41%) from the previous close of $431.30.
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 6.75% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $419.80, making this a +1.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $425.20 per troy ounce on 23 March 2005. That is $6.10 lower than the previous close of $431.30, a move of -1.41%.
The gold price fell on 23 March 2005, losing $6.10 (1.41%) against the previous session's close of $431.30.
At $425.20 per troy ounce, one gram of pure gold was worth about $13.67 on 23 March 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 March 2005 18k gold was worth about $10.25 per gram and 14k about $7.97 per gram, against $13.67 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.9 on 23 March 2005, meaning one ounce of gold was worth roughly 60.9 ounces of silver.
A week before 23 March 2005, gold was around $443.70 per troy ounce, so the close of $425.20 is a loss of 4.2% over the week.
It closed 6.75% below the highest close on record up to that date, which was set on 2004-12-03.