Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 28 March 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 March 2011
Gold closed at $1,419.80 per troy ounce on 28 March 2011, down $6.300 (0.44%) from the previous close of $1,426.10.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 1.33% below the highest gold close recorded up to that date, set on 2011-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,104.20, making this a +28.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,419.80 per troy ounce on 28 March 2011. That is $6.30 lower than the previous close of $1,426.10, a move of -0.44%.
The gold price fell on 28 March 2011, losing $6.30 (0.44%) against the previous session's close of $1,426.10.
At $1,419.80 per troy ounce, one gram of pure gold was worth about $45.65 on 28 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 March 2011 18k gold was worth about $34.24 per gram and 14k about $26.63 per gram, against $45.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 38.3 on 28 March 2011, meaning one ounce of gold was worth roughly 38.3 ounces of silver.
A year before 28 March 2011, gold was around $1,104.20 per troy ounce. The close of $1,419.80 therefore represents a rise of 28.6% over twelve months.
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 1.33% below the highest close on record up to that date, which was set on 2011-03-01.