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 9 March 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 28 February 2012
Gold closed at $1,710.90 per troy ounce on 9 March 2012, up $12.80 (0.75%) from the previous close of $1,698.10.
Notable session: highest close of the month.
This close extended a run of 3 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.
No earlier session that month closed above this level.
This close sat 9.41% 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 $1,429.30, making this a +19.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,710.90 per troy ounce on 9 March 2012. That is $12.80 higher than the previous close of $1,698.10, a move of 0.75%.
The gold price rose on 9 March 2012, gaining $12.80 (0.75%) against the previous session's close of $1,698.10.
At $1,710.90 per troy ounce, one gram of pure gold was worth about $55.01 on 9 March 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 March 2012 18k gold was worth about $41.26 per gram and 14k about $32.09 per gram, against $55.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.1 on 9 March 2012, meaning one ounce of gold was worth roughly 50.1 ounces of silver.
A year before 9 March 2012, gold was around $1,429.30 per troy ounce. The close of $1,710.90 therefore represents a rise of 19.7% over twelve months.
This close was session 3 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 9.41% below the highest close on record up to that date, which was set on 2011-08-22.