Distance from the record
This close sat 32.03% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 7 March 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,283.80 per troy ounce on 7 March 2019, down $1.100 (0.09%) from the previous close of $1,284.90.
Gold barely moved, closing within 0.09% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 32.03% 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 $1,326.00, making this a -3.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,283.80 per troy ounce on 7 March 2019. That is $1.10 lower than the previous close of $1,284.90, a move of -0.09%.
The gold price fell on 7 March 2019, losing $1.10 (0.09%) against the previous session's close of $1,284.90.
At $1,283.80 per troy ounce, one gram of pure gold was worth about $41.28 on 7 March 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 March 2019 18k gold was worth about $30.96 per gram and 14k about $24.08 per gram, against $41.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.8 on 7 March 2019, meaning one ounce of gold was worth roughly 85.8 ounces of silver.
A week before 7 March 2019, gold was around $1,312.80 per troy ounce, so the close of $1,283.80 is a loss of 2.2% over the week.
It closed 32.03% below the highest close on record up to that date, which was set on 2011-08-22.