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Gold falls 7.4% in a single session
Gold closed at $2,890.20 per troy ounce on 3 March 2025, down $232.60 (7.45%) from the previous close of $3,122.80.
Notable session: lowest close of the month; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,217.40, making this a +30.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,890.20 per troy ounce on 3 March 2025. That is $232.60 lower than the previous close of $3,122.80, a move of -7.45%.
The gold price fell on 3 March 2025, losing $232.60 (7.45%) against the previous session's close of $3,122.80.
At $2,890.20 per troy ounce, one gram of pure gold was worth about $92.92 on 3 March 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 March 2025 18k gold was worth about $69.69 per gram and 14k about $54.20 per gram, against $92.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.2 on 3 March 2025, meaning one ounce of gold was worth roughly 90.2 ounces of silver.
A week before 3 March 2025, gold was around $2,947.90 per troy ounce, so the close of $2,890.20 is a loss of 2.0% over the week.
A month before 3 March 2025, gold was around $2,833.90 per troy ounce, so the close of $2,890.20 is a gain of 2.0% over the month.
A year before 3 March 2025, gold was around $2,217.40 per troy ounce. The close of $2,890.20 therefore represents a rise of 30.3% over twelve months.