Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 23 March 2018, not the current price.See today's gold price (11 September 2026)
Highest closing price since 16 February 2018
Gold closed at $1,349.30 per troy ounce on 23 March 2018, up $22.70 (1.71%) from the previous close of $1,326.60.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 28.56% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 10 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,246.90, making this a +8.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,349.30 per troy ounce on 23 March 2018. That is $22.70 higher than the previous close of $1,326.60, a move of 1.71%.
The gold price rose on 23 March 2018, gaining $22.70 (1.71%) against the previous session's close of $1,326.60.
At $1,349.30 per troy ounce, one gram of pure gold was worth about $43.38 on 23 March 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 March 2018 18k gold was worth about $32.54 per gram and 14k about $25.31 per gram, against $43.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.6 on 23 March 2018, meaning one ounce of gold was worth roughly 81.6 ounces of silver.
A week before 23 March 2018, gold was around $1,311.30 per troy ounce, so the close of $1,349.30 is a gain of 2.9% over the week.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 28.56% below the highest close on record up to that date, which was set on 2011-08-22.