Distance from the record
This close sat 7.99% 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 27 March 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $923.00 per troy ounce on 27 March 2009, down $16.60 (1.77%) from the previous close of $939.60.
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 7.99% 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 $948.80, making this a -2.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $923.00 per troy ounce on 27 March 2009. That is $16.60 lower than the previous close of $939.60, a move of -1.77%.
The gold price fell on 27 March 2009, losing $16.60 (1.77%) against the previous session's close of $939.60.
At $923.00 per troy ounce, one gram of pure gold was worth about $29.68 on 27 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2009 18k gold was worth about $22.26 per gram and 14k about $17.31 per gram, against $29.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.7 on 27 March 2009, meaning one ounce of gold was worth roughly 69.7 ounces of silver.
A week before 27 March 2009, gold was around $955.80 per troy ounce, so the close of $923.00 is a loss of 3.4% over the week.
It closed 7.99% below the highest close on record up to that date, which was set on 2008-03-18.