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 29 March 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,235.60 per troy ounce on 29 March 2016, up $15.70 (1.29%) from the previous close of $1,219.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 34.58% 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 $1,199.80, making this a +2.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,235.60 per troy ounce on 29 March 2016. That is $15.70 higher than the previous close of $1,219.90, a move of 1.29%.
The gold price rose on 29 March 2016, gaining $15.70 (1.29%) against the previous session's close of $1,219.90.
At $1,235.60 per troy ounce, one gram of pure gold was worth about $39.73 on 29 March 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 March 2016 18k gold was worth about $29.79 per gram and 14k about $23.17 per gram, against $39.73 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.1 on 29 March 2016, meaning one ounce of gold was worth roughly 81.1 ounces of silver.
It closed 34.58% below the highest close on record up to that date, which was set on 2011-08-22.