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 31 March 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 March 2011
Gold closed at $1,438.90 per troy ounce on 31 March 2011, up $15.10 (1.06%) from the previous close of $1,423.80.
This was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,113.30, making this a +29.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,438.90 per troy ounce on 31 March 2011. That is $15.10 higher than the previous close of $1,423.80, a move of 1.06%.
The gold price rose on 31 March 2011, gaining $15.10 (1.06%) against the previous session's close of $1,423.80.
At $1,438.90 per troy ounce, one gram of pure gold was worth about $46.26 on 31 March 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 March 2011 18k gold was worth about $34.70 per gram and 14k about $26.99 per gram, against $46.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 38.0 on 31 March 2011, meaning one ounce of gold was worth roughly 38.0 ounces of silver.
A year before 31 March 2011, gold was around $1,113.30 per troy ounce. The close of $1,438.90 therefore represents a rise of 29.2% over twelve months.
It was at the record itself — the highest close recorded up to that date.