Gold price by month

Gold price in March 2011: daily prices, high, low and change

Gold closed March 2011 at $1,438.90 an ounce, up 2.10% on the month. The highest close was $1,438.90 on 31 Mar and the lowest $1,392.60 on 15 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,438.9031 March 2011
Monthly change+2.1%vs $1,409.30 at the end of February 2011
Highest close$1,438.9031 March 2011
Lowest close$1,392.6015 March 2011

Gold price chart, March 2011 (daily close and high-low range, US$ per ounce)

$1,400$1,420$1,440149141722253031high close $1,438.90low close $1,392.60
$1,400$1,420$1,4401815222931$1,438.90$1,392.60

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2011 close ($1,409.30); larger dots = new all-time-high closes.

Daily gold prices in March 2011 (23 trading days)

Daily gold prices, March 2011
DateOpenHighLowCloseChange% change
Tue 1 Mar ATH, best day$1,415.30$1,434.40$1,415.30$1,430.70+$21.40+1.52%
Wed 2 Mar ATH$1,432.50$1,440.50$1,428.80$1,437.20+$6.50+0.45%
Thu 3 Mar$1,432.30$1,432.30$1,415.90$1,416.00−$21.20−1.48%
Fri 4 Mar$1,418.90$1,429.80$1,416.80$1,428.20+$12.20+0.86%
Mon 7 Mar$1,434.50$1,445.00$1,429.50$1,434.10+$5.90+0.41%
Tue 8 Mar$1,431.60$1,432.60$1,424.30$1,426.90−$7.20−0.50%
Wed 9 Mar$1,430.00$1,435.70$1,426.10$1,429.30+$2.40+0.17%
Thu 10 Mar$1,429.50$1,429.80$1,403.80$1,412.20−$17.10−1.20%
Fri 11 Mar$1,413.70$1,422.60$1,404.90$1,421.50+$9.30+0.66%
Mon 14 Mar$1,420.00$1,427.70$1,420.00$1,424.60+$3.10+0.22%
Tue 15 Mar worst day$1,413.30$1,413.30$1,385.50$1,392.60−$32.00−2.25%
Wed 16 Mar$1,398.00$1,404.20$1,394.30$1,396.00+$3.40+0.24%
Thu 17 Mar———$1,404.00+$8.00+0.57%
Fri 18 Mar$1,406.40$1,419.30$1,406.40$1,415.90+$11.90+0.85%
Mon 21 Mar———$1,426.20+$10.30+0.73%
Tue 22 Mar———$1,427.50+$1.30+0.09%
Wed 23 Mar ATH$1,432.20$1,439.70$1,432.20$1,437.90+$10.40+0.73%
Thu 24 Mar———$1,434.80−$3.10−0.22%
Fri 25 Mar———$1,426.10−$8.70−0.61%
Mon 28 Mar———$1,419.80−$6.30−0.44%
Tue 29 Mar———$1,416.00−$3.80−0.27%
Wed 30 Mar$1,418.70$1,430.30$1,412.00$1,423.80+$7.80+0.55%
Thu 31 Mar ATH$1,423.30$1,440.00$1,420.70$1,438.90+$15.10+1.06%

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 7 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 2011OpenHighLowCloseChange
Settlements$1,430.70$1,438.90$1,392.60$1,438.90+2.10%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2011 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 2011: summary

Gold gained 2.10% in March 2011, from $1,409.30 at the end of February 2011 to $1,438.90 an ounce. Gold closed higher on 15 of 23 trading days and lower on 8; the strongest session was 1 March 2011 (+1.52%) and the weakest 15 March 2011 (−2.25%). Settlement prices ranged from $1,392.60 on 15 March 2011 to $1,438.90 on 31 March 2011, a spread of $46.30 (3.3%), narrower than the 5.2% average of the previous 12 months.

Gold set 4 new all-time-high closes in March 2011, the highest at $1,438.90 on 31 March 2011.

How March 2011 compares

  • Against other Marches: at +2.10%, March 2011 ranks 7th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 126th of 313 months since September 2000, better than 60% of them.
  • Range: the gap between the highest and lowest close was $46.30, or 3.3% of the opening level, 0.6× the 5.2% average of the previous 12 months.
  • Daily moves: the average day moved 0.70% (up or down), against 0.70% over the previous 12 months, so March 2011 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 6 days and the longest run of lower closes 4 days.
  • Bigger picture: at the month-end close gold was +1.25% for 2011 to the end of March and +29.25% over 12 months (against the March 2010 close of $1,113.30).
  • Average price: the mean of the 23 daily closes was $1,422.62; the World Bank's monthly average of the London (LBMA) price was $1,423.00.

Across the other 25 completed Marches since 2001, gold averaged +0.13% and rose in 11 of them (44%). March 2011 beat that average by 2.0 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 2011 in today's dollars

Adjusted for US consumer-price inflation, the $1,438.90 closing price equals about $2,170 in September 2026 dollars (CPI 223.0 in March 2011 against 336.3 in September 2026, FRED series CPIAUCSL), 51% 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 2011

The gold price in 2011 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 2011?

Gold closed March 2011 at $1,438.90 an ounce (COMEX settlement). It opened the month at $1,430.70 and averaged $1,422.62 across 23 trading days; the World Bank’s London average for the month was $1,423.00.

Did gold go up in March 2011?

Yes. Gold was up 2.10% in March 2011, from $1,409.30 at the end of February 2011 to $1,438.90. It closed higher on 15 of 23 days. Among Marches since 2001 it ranks 7th of 26 (best first).

What was the highest gold price in March 2011?

The highest close was $1,438.90 on 31 March 2011. It was a new all-time-high close.

What was the lowest gold price in March 2011?

The lowest close was $1,392.60 on 15 March 2011, $46.30 (3.3%) 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.