Distance from the record
This close sat 4.02% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 31 March 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,969.00 per troy ounce on 31 March 2023, down $11.30 (0.57%) from the previous close of $1,980.30.
This close sat 4.02% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,949.20, making this a +1.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,969.00 per troy ounce on 31 March 2023. That is $11.30 lower than the previous close of $1,980.30, a move of -0.57%.
The gold price fell on 31 March 2023, losing $11.30 (0.57%) against the previous session's close of $1,980.30.
At $1,969.00 per troy ounce, one gram of pure gold was worth about $63.30 on 31 March 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 March 2023 18k gold was worth about $47.48 per gram and 14k about $36.93 per gram, against $63.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.8 on 31 March 2023, meaning one ounce of gold was worth roughly 81.8 ounces of silver.
A month before 31 March 2023, gold was around $1,828.90 per troy ounce, so the close of $1,969.00 is a gain of 7.7% over the month.
It closed 4.02% below the highest close on record up to that date, which was set on 2020-08-06.