Distance from the record
This close sat 17.23% 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 5 March 2021, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 5 June 2020
Gold closed at $1,698.00 per troy ounce on 5 March 2021, down $2.200 (0.13%) from the previous close of $1,700.20.
This close extended a run of 3 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 17.23% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten lowest gold closes of that year, ranking 249 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,666.40, making this a +1.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,698.00 per troy ounce on 5 March 2021. That is $2.20 lower than the previous close of $1,700.20, a move of -0.13%.
The gold price fell on 5 March 2021, losing $2.20 (0.13%) against the previous session's close of $1,700.20.
At $1,698.00 per troy ounce, one gram of pure gold was worth about $54.59 on 5 March 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 March 2021 18k gold was worth about $40.94 per gram and 14k about $31.85 per gram, against $54.59 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.2 on 5 March 2021, meaning one ounce of gold was worth roughly 67.2 ounces of silver.
A month before 5 March 2021, gold was around $1,810.90 per troy ounce, so the close of $1,698.00 is a loss of 6.2% over the month.
This close was session 3 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 17.23% below the highest close on record up to that date, which was set on 2020-08-06.