Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 8 March 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,178.60 per troy ounce on 8 March 2024, up $20.60 (0.95%) from the previous close of $2,158.00.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 1.75% below the highest gold close recorded up to that date, set on 2024-03-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,812.70, making this a +20.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,178.60 per troy ounce on 8 March 2024. That is $20.60 higher than the previous close of $2,158.00, a move of 0.95%.
The gold price rose on 8 March 2024, gaining $20.60 (0.95%) against the previous session's close of $2,158.00.
At $2,178.60 per troy ounce, one gram of pure gold was worth about $70.04 on 8 March 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 March 2024 18k gold was worth about $52.53 per gram and 14k about $40.86 per gram, against $70.04 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.5 on 8 March 2024, meaning one ounce of gold was worth roughly 89.5 ounces of silver.
A month before 8 March 2024, gold was around $2,032.20 per troy ounce, so the close of $2,178.60 is a gain of 7.2% over the month.
A year before 8 March 2024, gold was around $1,812.70 per troy ounce. The close of $2,178.60 therefore represents a rise of 20.2% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 1.75% below the highest close on record up to that date, which was set on 2024-03-01.