Gold price by month

Gold price in March 2005: daily prices, high, low and change

Gold closed March 2005 at $428.70 an ounce, down 1.79% on the month. The highest close was $446.20 on 11 Mar and the lowest $424.70 on 24 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$428.7031 March 2005
Monthly change−1.8%vs $436.50 at the end of February 2005
Highest close$446.2011 March 2005
Lowest close$424.7024 March 2005

Gold price chart, March 2005 (daily close and high-low range, US$ per ounce)

$425$430$435$440$4451491417222831high close $446.20low close $424.70
$430$4401711172331$446.20$424.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2005 close ($436.50).

Daily gold prices in March 2005 (21 trading days)

Daily gold prices, March 2005
DateOpenHighLowCloseChange% change
Tue 1 Mar———$432.90−$3.60−0.82%
Wed 2 Mar———$432.80−$0.10−0.02%
Thu 3 Mar———$429.90−$2.90−0.67%
Fri 4 Mar———$434.20+$4.30+1.00%
Mon 7 Mar———$435.00+$0.80+0.18%
Tue 8 Mar best day———$440.30+$5.30+1.22%
Wed 9 Mar———$442.10+$1.80+0.41%
Thu 10 Mar———$442.80+$0.70+0.16%
Fri 11 Mar———$446.20+$3.40+0.77%
Mon 14 Mar———$441.10−$5.10−1.14%
Tue 15 Mar———$440.90−$0.20−0.05%
Wed 16 Mar———$443.70+$2.80+0.64%
Thu 17 Mar———$438.70−$5.00−1.13%
Fri 18 Mar———$439.30+$0.60+0.14%
Mon 21 Mar worst day———$431.10−$8.20−1.87%
Tue 22 Mar———$431.30+$0.20+0.05%
Wed 23 Mar———$425.20−$6.10−1.41%
Thu 24 Mar———$424.70−$0.50−0.12%
Mon 28 Mar———$425.90+$1.20+0.28%
Tue 29 Mar———$426.00+$0.10+0.02%
Thu 31 Mar———$428.70+$2.70+0.63%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 21 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).

Monthly open, high, low and close

March 2005OpenHighLowCloseChange
Settlements$432.90$446.20$424.70$428.70−1.79%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2005 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in March 2005: summary

Gold slipped 1.79% in March 2005, from $436.50 at the end of February 2005 to $428.70 an ounce. Settlement prices ranged from $424.70 on 24 March 2005 to $446.20 on 11 March 2005, a spread of $21.50 (4.9%), narrower than the 5.8% average of the previous 12 months. Gold closed higher on 12 of 21 trading days and lower on 9; the strongest session was 8 March 2005 (+1.22%) and the weakest 21 March 2005 (−1.87%).

How March 2005 compares

  • Against other Marches: at −1.79%, March 2005 ranks 18th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 228th of 313 months since September 2000, better than 27% of them.
  • Range: the gap between the highest and lowest close was $21.50, or 4.9% of the opening level, 0.9× the 5.8% average of the previous 12 months.
  • Daily moves: the average day moved 0.61% (up or down), against 0.72% over the previous 12 months, so March 2005 was calmer than usual.
  • Streaks: the longest run of higher closes was 6 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was −2.01% for 2005 to the end of March and +0.33% over 12 months (against the March 2004 close of $427.30).
  • Average price: the mean of the 21 daily closes was $434.90; the World Bank's monthly average of the London (LBMA) price was $434.00.

Across the other 25 completed Marches since 2001, gold averaged +0.29% and rose in 12 of them (48%). March 2005 lagged that average by 2.1 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Marches side by side.

March 2005 in today's dollars

Adjusted for US consumer-price inflation, the $428.70 closing price equals about $747 in September 2026 dollars (CPI 193.1 in March 2005 against 336.3 in September 2026, FRED series CPIAUCSL), 74% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2005

The gold price in 2005 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in March 2005?

Gold closed March 2005 at $428.70 an ounce (COMEX settlement). It opened the month at $432.90 and averaged $434.90 across 21 trading days; the World Bank’s London average for the month was $434.00.

Did gold go up in March 2005?

No. Gold was down 1.79% in March 2005, from $436.50 at the end of February 2005 to $428.70. It closed higher on 12 of 21 days. Among Marches since 2001 it ranks 18th of 26 (best first).

What was the highest gold price in March 2005?

The highest close was $446.20 on 11 March 2005.

What was the lowest gold price in March 2005?

The lowest close was $424.70 on 24 March 2005, $21.50 (4.9%) below the month’s highest close.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.