Distance from the record
This close sat 10.80% 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 27 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,684.80 per troy ounce on 27 March 2012, down $0.700 (0.04%) from the previous close of $1,685.50.
Gold barely moved, closing within 0.04% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 10.80% 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 $1,426.10, making this a +18.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,684.80 per troy ounce on 27 March 2012. That is $0.70 lower than the previous close of $1,685.50, a move of -0.04%.
The gold price fell on 27 March 2012, losing $0.70 (0.04%) against the previous session's close of $1,685.50.
At $1,684.80 per troy ounce, one gram of pure gold was worth about $54.17 on 27 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2012 18k gold was worth about $40.63 per gram and 14k about $31.60 per gram, against $54.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.7 on 27 March 2012, meaning one ounce of gold was worth roughly 51.7 ounces of silver.
A week before 27 March 2012, gold was around $1,646.70 per troy ounce, so the close of $1,684.80 is a gain of 2.3% over the week.
A month before 27 March 2012, gold was around $1,773.60 per troy ounce, so the close of $1,684.80 is a loss of 5.0% over the month.
A year before 27 March 2012, gold was around $1,426.10 per troy ounce. The close of $1,684.80 therefore represents a rise of 18.1% over twelve months.
It closed 10.80% below the highest close on record up to that date, which was set on 2011-08-22.