Distance from the record
This close sat 9.69% below the highest gold close recorded up to that date, set on 2008-03-18.
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This page is a historical record of the gold price in 4 March 2009, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 9 February 2009
Gold closed at $906.00 per troy ounce on 4 March 2009, down $6.900 (0.76%) from the previous close of $912.90.
This close extended a run of 8 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 9.69% 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 $963.90, making this a -6.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $906.00 per troy ounce on 4 March 2009. That is $6.90 lower than the previous close of $912.90, a move of -0.76%.
The gold price fell on 4 March 2009, losing $6.90 (0.76%) against the previous session's close of $912.90.
At $906.00 per troy ounce, one gram of pure gold was worth about $29.13 on 4 March 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 March 2009 18k gold was worth about $21.85 per gram and 14k about $16.99 per gram, against $29.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.2 on 4 March 2009, meaning one ounce of gold was worth roughly 70.2 ounces of silver.
A week before 4 March 2009, gold was around $965.70 per troy ounce, so the close of $906.00 is a loss of 6.2% over the week.
This close was session 8 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 9.69% below the highest close on record up to that date, which was set on 2008-03-18.