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 4 March 2024, not the current price.See today's gold price (11 September 2026)
Gold falls 4.5% in a single session
Gold closed at $2,117.70 per troy ounce on 4 March 2024, down $99.70 (4.50%) from the previous close of $2,217.40.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 4.50% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 4.50% below the highest gold close recorded up to that date, set on 2024-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,847.70, making this a +14.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,117.70 per troy ounce on 4 March 2024. That is $99.70 lower than the previous close of $2,217.40, a move of -4.50%.
The gold price fell on 4 March 2024, losing $99.70 (4.50%) against the previous session's close of $2,217.40.
At $2,117.70 per troy ounce, one gram of pure gold was worth about $68.09 on 4 March 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 March 2024 18k gold was worth about $51.06 per gram and 14k about $39.72 per gram, against $68.09 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 4 March 2024, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 4 March 2024, gold was around $2,028.50 per troy ounce, so the close of $2,117.70 is a gain of 4.4% over the week.
A year before 4 March 2024, gold was around $1,847.70 per troy ounce. The close of $2,117.70 therefore represents a rise of 14.6% over twelve months.
It closed 4.50% below the highest close on record up to that date, which was set on 2024-03-01.