Distance from the record
This close sat 11.51% 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 6 March 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,671.40 per troy ounce on 6 March 2012, down $31.60 (1.86%) from the previous close of $1,703.00.
This close sat 11.51% 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 $1,428.20, making this a +17.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,671.40 per troy ounce on 6 March 2012. That is $31.60 lower than the previous close of $1,703.00, a move of -1.86%.
The gold price fell on 6 March 2012, losing $31.60 (1.86%) against the previous session's close of $1,703.00.
At $1,671.40 per troy ounce, one gram of pure gold was worth about $53.74 on 6 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 March 2012 18k gold was worth about $40.30 per gram and 14k about $31.35 per gram, against $53.74 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.0 on 6 March 2012, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A week before 6 March 2012, gold was around $1,787.00 per troy ounce, so the close of $1,671.40 is a loss of 6.5% over the week.
A year before 6 March 2012, gold was around $1,428.20 per troy ounce. The close of $1,671.40 therefore represents a rise of 17.0% over twelve months.
It closed 11.51% below the highest close on record up to that date, which was set on 2011-08-22.