Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 8 March 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $265.40 per troy ounce on 8 March 2001, up $4.000 (1.53%) from the previous close of $261.40.
No earlier session that month closed above this level.
This close sat 4.67% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $265.40 per troy ounce on 8 March 2001. That is $4.00 higher than the previous close of $261.40, a move of 1.53%.
The gold price rose on 8 March 2001, gaining $4.00 (1.53%) against the previous session's close of $261.40.
At $265.40 per troy ounce, one gram of pure gold was worth about $8.53 on 8 March 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 March 2001 18k gold was worth about $6.40 per gram and 14k about $4.98 per gram, against $8.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.3 on 8 March 2001, meaning one ounce of gold was worth roughly 59.3 ounces of silver.
A week before 8 March 2001, gold was around $257.90 per troy ounce, so the close of $265.40 is a gain of 2.9% over the week.
It closed 4.67% below the highest close on record up to that date, which was set on 2000-09-27.