Distance from the record
This close sat 29.04% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 5 March 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,340.20 per troy ounce on 5 March 2014, up $2.400 (0.18%) from the previous close of $1,337.80.
This close sat 29.04% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,574.60, making this a -14.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,340.20 per troy ounce on 5 March 2014. That is $2.40 higher than the previous close of $1,337.80, a move of 0.18%.
The gold price rose on 5 March 2014, gaining $2.40 (0.18%) against the previous session's close of $1,337.80.
At $1,340.20 per troy ounce, one gram of pure gold was worth about $43.09 on 5 March 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 March 2014 18k gold was worth about $32.32 per gram and 14k about $25.13 per gram, against $43.09 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.1 on 5 March 2014, meaning one ounce of gold was worth roughly 63.1 ounces of silver.
A month before 5 March 2014, gold was around $1,257.30 per troy ounce, so the close of $1,340.20 is a gain of 6.6% over the month.
A year before 5 March 2014, gold was around $1,574.60 per troy ounce. The close of $1,340.20 therefore represents a fall of 14.9% over twelve months.
It closed 29.04% below the highest close on record up to that date, which was set on 2011-08-22.