Gold price by month

Gold price in March 2009: daily prices, high, low and change

Gold closed March 2009 at $922.60 an ounce, down 2.01% on the month. The highest close was $958.30 on 19 Mar and the lowest $888.70 on 18 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$922.6031 March 2009
Monthly change−2.0%vs $941.50 at the end of February 2009
Highest close$958.3019 March 2009
Lowest close$888.7018 March 2009

Gold price chart, March 2009 (daily close and high-low range, US$ per ounce)

$880$900$920$940$96025101318232631high close $958.30low close $888.70
$900$925$950261218243031$958.30$888.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2009 close ($941.50).

Daily gold prices in March 2009 (22 trading days)

Daily gold prices, March 2009
DateOpenHighLowCloseChange% change
Mon 2 Mar$945.00$963.20$924.50$939.00−$2.50−0.27%
Tue 3 Mar$927.00$931.80$906.40$912.90−$26.10−2.78%
Wed 4 Mar$914.90$923.20$900.10$906.00−$6.90−0.76%
Thu 5 Mar$912.00$932.60$908.90$927.00+$21.00+2.32%
Fri 6 Mar$933.50$944.50$931.80$942.10+$15.10+1.63%
Mon 9 Mar$940.50$940.50$914.50$917.70−$24.40−2.59%
Tue 10 Mar$921.60$921.80$892.10$895.60−$22.10−2.41%
Wed 11 Mar$894.70$912.40$894.10$910.40+$14.80+1.65%
Thu 12 Mar$909.20$927.50$908.00$923.70+$13.30+1.46%
Fri 13 Mar$924.40$937.00$924.40$929.80+$6.10+0.66%
Mon 16 Mar$926.40$929.60$916.70$921.60−$8.20−0.88%
Tue 17 Mar$923.20$924.40$912.40$916.40−$5.20−0.56%
Wed 18 Mar$915.40$944.00$885.00$888.70−$27.70−3.02%
Thu 19 Mar best day$938.00$960.80$933.80$958.30+$69.60+7.83%
Fri 20 Mar$960.60$960.60$954.00$955.80−$2.50−0.26%
Mon 23 Mar$950.70$952.60$937.90$952.10−$3.70−0.39%
Tue 24 Mar worst day———$923.30−$28.80−3.02%
Wed 25 Mar$921.20$936.50$920.80$935.40+$12.10+1.31%
Thu 26 Mar$939.60$943.00$937.60$939.60+$4.20+0.45%
Fri 27 Mar———$923.00−$16.60−1.77%
Mon 30 Mar$924.60$932.50$908.60$915.50−$7.50−0.81%
Tue 31 Mar$918.00$924.50$911.60$922.60+$7.10+0.78%

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 2 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 2009OpenHighLowCloseChange
Settlements$939.00$958.30$888.70$922.60−2.01%
Intraday$945.00$963.20 2 Mar$885.00 18 Mar$922.60—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2009 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

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 2009: summary

Gold lost ground 2.01% in March 2009, from $941.50 at the end of February 2009 to $922.60 an ounce. Gold closed higher on 9 of 22 trading days and lower on 13; the strongest session was 19 March 2009 (+7.83%) and the weakest 24 March 2009 (−3.02%). Settlement prices ranged from $888.70 on 18 March 2009 to $958.30 on 19 March 2009, a spread of $69.60 (7.4%), narrower than the 12.9% average of the previous 12 months.

It ended a run of 4 straight monthly gains. The +7.83% move on 19 March 2009 was the largest one-day gain of 2009.

How March 2009 compares

  • Against other Marches: at −2.01%, March 2009 ranks 19th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 238th of 313 months since September 2000, better than 24% of them.
  • Range: the gap between the highest and lowest close was $69.60, or 7.4% of the opening level, 0.6× the 12.9% average of the previous 12 months.
  • Daily moves: the average day moved 1.71% (up or down), against 1.55% over the previous 12 months, so March 2009 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was +4.41% for 2009 to the end of March and +0.70% over 12 months (against the March 2008 close of $916.20).
  • Average price: the mean of the 22 daily closes was $925.30; the World Bank's monthly average of the London (LBMA) price was $924.00.

Across the other 25 completed Marches since 2001, gold averaged +0.30% and rose in 12 of them (48%). March 2009 lagged that average by 2.3 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 2009 in today's dollars

Adjusted for US consumer-price inflation, the $922.60 closing price equals about $1,460 in September 2026 dollars (CPI 212.5 in March 2009 against 336.3 in September 2026, FRED series CPIAUCSL), 58% 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 2009

The gold price in 2009 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 2009?

Gold closed March 2009 at $922.60 an ounce (COMEX settlement). It opened the month at $939.00 and averaged $925.30 across 22 trading days; the World Bank’s London average for the month was $924.00.

Did gold go up in March 2009?

No. Gold was down 2.01% in March 2009, from $941.50 at the end of February 2009 to $922.60. It closed higher on 9 of 22 days. Among Marches since 2001 it ranks 19th of 26 (best first).

What was the highest gold price in March 2009?

The highest close was $958.30 on 19 March 2009. The highest intraday price in the daily bars was $963.20 on 2 March 2009.

What was the lowest gold price in March 2009?

The lowest close was $888.70 on 18 March 2009, $69.60 (7.4%) below the month’s highest close. The lowest intraday price was $885.00 on 18 March 2009.

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