Distance from the record
This close sat 32.12% 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 2019, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 January 2019
Gold closed at $1,282.00 per troy ounce on 5 March 2019, down $2.800 (0.22%) from the previous close of $1,284.80.
Notable session: lowest close of the month.
This close extended a run of 7 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 32.12% 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 $1,318.10, making this a -2.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,282.00 per troy ounce on 5 March 2019. That is $2.80 lower than the previous close of $1,284.80, a move of -0.22%.
The gold price fell on 5 March 2019, losing $2.80 (0.22%) against the previous session's close of $1,284.80.
At $1,282.00 per troy ounce, one gram of pure gold was worth about $41.22 on 5 March 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 March 2019 18k gold was worth about $30.91 per gram and 14k about $24.04 per gram, against $41.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.4 on 5 March 2019, meaning one ounce of gold was worth roughly 85.4 ounces of silver.
A week before 5 March 2019, gold was around $1,325.10 per troy ounce, so the close of $1,282.00 is a loss of 3.3% over the week.
This close was session 7 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 32.12% below the highest close on record up to that date, which was set on 2011-08-22.