Distance from the record
This close sat 7.96% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 24 March 2009, not the current price.See today's gold price (11 September 2026)
Gold falls 3.0% in a single session
Gold closed at $923.30 per troy ounce on 24 March 2009, down $28.80 (3.02%) from the previous close of $952.10.
Notable session: moved more than 3% in a session.
Gold lost 3.02% 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 7.96% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $918.30, making this a +0.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $923.30 per troy ounce on 24 March 2009. That is $28.80 lower than the previous close of $952.10, a move of -3.02%.
The gold price fell on 24 March 2009, losing $28.80 (3.02%) against the previous session's close of $952.10.
At $923.30 per troy ounce, one gram of pure gold was worth about $29.68 on 24 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 March 2009 18k gold was worth about $22.26 per gram and 14k about $17.32 per gram, against $29.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.2 on 24 March 2009, meaning one ounce of gold was worth roughly 69.2 ounces of silver.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 7.96% below the highest close on record up to that date, which was set on 2008-03-18.