Distance from the record
This close sat 11.64% 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 8 March 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 February 2023
Gold closed at $1,812.70 per troy ounce on 8 March 2023, down $1.200 (0.07%) from the previous close of $1,813.90.
Notable session: lowest close of the month.
Gold barely moved, closing within 0.07% 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 11.64% 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 248 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,040.10, making this a -11.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,812.70 per troy ounce on 8 March 2023. That is $1.20 lower than the previous close of $1,813.90, a move of -0.07%.
The gold price fell on 8 March 2023, losing $1.20 (0.07%) against the previous session's close of $1,813.90.
At $1,812.70 per troy ounce, one gram of pure gold was worth about $58.28 on 8 March 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 March 2023 18k gold was worth about $43.71 per gram and 14k about $34.00 per gram, against $58.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.6 on 8 March 2023, meaning one ounce of gold was worth roughly 90.6 ounces of silver.
It closed 11.64% below the highest close on record up to that date, which was set on 2020-08-06.