Distance from the record
This close sat 9.00% below the highest gold close recorded up to that date, set on 2008-03-18.
Loading…
This page is a historical record of the gold price in 3 March 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 9 February 2009
Gold closed at $912.90 per troy ounce on 3 March 2009, down $26.10 (2.78%) from the previous close of $939.00.
Gold lost 2.78% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 9.00% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $981.50, making this a -6.99% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $912.90 per troy ounce on 3 March 2009. That is $26.10 lower than the previous close of $939.00, a move of -2.78%.
The gold price fell on 3 March 2009, losing $26.10 (2.78%) against the previous session's close of $939.00.
At $912.90 per troy ounce, one gram of pure gold was worth about $29.35 on 3 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 March 2009 18k gold was worth about $22.01 per gram and 14k about $17.12 per gram, against $29.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.9 on 3 March 2009, meaning one ounce of gold was worth roughly 71.9 ounces of silver.
A week before 3 March 2009, gold was around $969.10 per troy ounce, so the close of $912.90 is a loss of 5.8% over the week.
This close was session 7 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 9.00% below the highest close on record up to that date, which was set on 2008-03-18.