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 3 March 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,416.00 per troy ounce on 3 March 2011, down $21.20 (1.48%) from the previous close of $1,437.20.
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 $1,142.70, making this a +23.92% 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 3 March 2011. That is $21.20 lower than the previous close of $1,437.20, a move of -1.48%.
The gold price fell on 3 March 2011, losing $21.20 (1.48%) against the previous session's close of $1,437.20.
At $1,416.00 per troy ounce, one gram of pure gold was worth about $45.53 on 3 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 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 41.3 on 3 March 2011, meaning one ounce of gold was worth roughly 41.3 ounces of silver.
A year before 3 March 2011, gold was around $1,142.70 per troy ounce. The close of $1,416.00 therefore represents a rise of 23.9% over twelve months.
It closed 1.59% below the highest close on record up to that date, which was set on 2011-03-01.