Distance from the record
This close sat 7.04% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 29 March 2001, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 16 March 2001
Gold closed at $258.80 per troy ounce on 29 March 2001, down $0.900 (0.35%) from the previous close of $259.70.
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 close sat 7.04% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $258.80 per troy ounce on 29 March 2001. That is $0.90 lower than the previous close of $259.70, a move of -0.35%.
The gold price fell on 29 March 2001, losing $0.90 (0.35%) against the previous session's close of $259.70.
At $258.80 per troy ounce, one gram of pure gold was worth about $8.32 on 29 March 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 March 2001 18k gold was worth about $6.24 per gram and 14k about $4.85 per gram, against $8.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.9 on 29 March 2001, meaning one ounce of gold was worth roughly 59.9 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 7.04% below the highest close on record up to that date, which was set on 2000-09-27.