Distance from the record
This close sat 28.98% 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 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,341.30 per troy ounce on 27 March 2018, down $13.10 (0.97%) from the previous close of $1,354.40.
This close sat 28.98% 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 $1,255.40, making this a +6.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,341.30 per troy ounce on 27 March 2018. That is $13.10 lower than the previous close of $1,354.40, a move of -0.97%.
The gold price fell on 27 March 2018, losing $13.10 (0.97%) against the previous session's close of $1,354.40.
At $1,341.30 per troy ounce, one gram of pure gold was worth about $43.12 on 27 March 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2018 18k gold was worth about $32.34 per gram and 14k about $25.16 per gram, against $43.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.3 on 27 March 2018, meaning one ounce of gold was worth roughly 81.3 ounces of silver.
A week before 27 March 2018, gold was around $1,311.10 per troy ounce, so the close of $1,341.30 is a gain of 2.3% over the week.
It closed 28.98% below the highest close on record up to that date, which was set on 2011-08-22.