Distance from the record
This close sat 1.59% below the highest gold close recorded up to that date, set on 2011-03-01.
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This page is a historical record of the gold price in 29 March 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 March 2011
Gold closed at $1,416.00 per troy ounce on 29 March 2011, down $3.800 (0.27%) from the previous close of $1,419.80.
This close extended a run of 4 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 1.59% 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 $1,110.30, making this a +27.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,416.00 per troy ounce on 29 March 2011. That is $3.80 lower than the previous close of $1,419.80, a move of -0.27%.
The gold price fell on 29 March 2011, losing $3.80 (0.27%) against the previous session's close of $1,419.80.
At $1,416.00 per troy ounce, one gram of pure gold was worth about $45.53 on 29 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 March 2011 18k gold was worth about $34.14 per gram and 14k about $26.56 per gram, against $45.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 38.3 on 29 March 2011, meaning one ounce of gold was worth roughly 38.3 ounces of silver.
A year before 29 March 2011, gold was around $1,110.30 per troy ounce. The close of $1,416.00 therefore represents a rise of 27.5% over twelve months.
This close was session 4 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 1.59% below the highest close on record up to that date, which was set on 2011-03-01.