Distance from the record
This close sat 11.99% 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 23 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,662.30 per troy ounce on 23 March 2012, up $20.00 (1.22%) from the previous close of $1,642.30.
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 11.99% 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 $1,437.90, making this a +15.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,662.30 per troy ounce on 23 March 2012. That is $20.00 higher than the previous close of $1,642.30, a move of 1.22%.
The gold price rose on 23 March 2012, gaining $20.00 (1.22%) against the previous session's close of $1,642.30.
At $1,662.30 per troy ounce, one gram of pure gold was worth about $53.44 on 23 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 March 2012 18k gold was worth about $40.08 per gram and 14k about $31.18 per gram, against $53.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.5 on 23 March 2012, meaning one ounce of gold was worth roughly 51.5 ounces of silver.
A month before 23 March 2012, gold was around $1,784.90 per troy ounce, so the close of $1,662.30 is a loss of 6.9% over the month.
A year before 23 March 2012, gold was around $1,437.90 per troy ounce. The close of $1,662.30 therefore represents a rise of 15.6% over twelve months.
It closed 11.99% below the highest close on record up to that date, which was set on 2011-08-22.