Gold price by month

Gold price in March 2012: daily prices, high, low and change

Gold closed March 2012 at $1,669.30 an ounce, down 2.37% on the month. The highest close was $1,721.10 on 1 Mar and the lowest $1,642.30 on 22 Mar. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,669.3030 March 2012
Monthly change−2.4%vs $1,709.90 at the end of February 2012
Highest close$1,721.101 March 2012
Lowest close$1,642.3022 March 2012

Gold price chart, March 2012 (daily close and high-low range, US$ per ounce)

$1,640$1,660$1,680$1,700$1,7201691419222730high close $1,721.10low close $1,642.30
$1,650$1,700171319232930$1,721.10$1,642.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2012 close ($1,709.90).

Daily gold prices in March 2012 (22 trading days)

Daily gold prices, March 2012
DateOpenHighLowCloseChange% change
Thu 1 Mar$1,698.60$1,724.60$1,698.60$1,721.10+$11.20+0.66%
Fri 2 Mar$1,723.00$1,723.00$1,705.20$1,708.80−$12.30−0.71%
Mon 5 Mar$1,705.50$1,709.50$1,695.40$1,703.00−$5.80−0.34%
Tue 6 Mar$1,708.70$1,708.70$1,666.00$1,671.40−$31.60−1.86%
Wed 7 Mar$1,676.00$1,684.00$1,673.10$1,683.30+$11.90+0.71%
Thu 8 Mar$1,686.40$1,702.40$1,686.40$1,698.10+$14.80+0.88%
Fri 9 Mar$1,698.80$1,710.90$1,680.70$1,710.90+$12.80+0.75%
Mon 12 Mar$1,708.10$1,708.10$1,694.90$1,699.20−$11.70−0.68%
Tue 13 Mar$1,698.40$1,698.40$1,685.10$1,693.70−$5.50−0.32%
Wed 14 Mar worst day$1,676.90$1,681.00$1,637.40$1,642.50−$51.20−3.02%
Thu 15 Mar$1,646.30$1,660.20$1,640.00$1,659.10+$16.60+1.01%
Fri 16 Mar$1,660.00$1,661.40$1,641.30$1,655.50−$3.60−0.22%
Mon 19 Mar$1,661.20$1,668.00$1,652.10$1,666.90+$11.40+0.69%
Tue 20 Mar$1,648.10$1,652.30$1,642.00$1,646.70−$20.20−1.21%
Wed 21 Mar$1,657.80$1,660.00$1,646.10$1,650.00+$3.30+0.20%
Thu 22 Mar$1,648.00$1,649.40$1,633.80$1,642.30−$7.70−0.47%
Fri 23 Mar$1,652.50$1,665.10$1,646.30$1,662.30+$20.00+1.22%
Mon 26 Mar best day$1,665.00$1,692.90$1,657.80$1,685.50+$23.20+1.40%
Tue 27 Mar$1,687.80$1,690.80$1,684.40$1,684.80−$0.70−0.04%
Wed 28 Mar$1,670.10$1,670.10$1,657.90$1,657.90−$26.90−1.60%
Thu 29 Mar$1,661.80$1,664.50$1,644.30$1,652.20−$5.70−0.34%
Fri 30 Mar$1,660.60$1,670.00$1,659.00$1,669.30+$17.10+1.03%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.

Monthly open, high, low and close

March 2012OpenHighLowCloseChange
Settlements$1,721.10$1,721.10$1,642.30$1,669.30−2.37%
Intraday$1,698.60$1,724.60 1 Mar$1,633.80 22 Mar$1,669.30—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2012 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 2012: summary

Gold declined 2.37% in March 2012, finishing at $1,669.30 an ounce against $1,709.90 at the end of February 2012. Settlement prices ranged from $1,642.30 on 22 March 2012 to $1,721.10 on 1 March 2012, a spread of $78.80 (4.6%), narrower than the 8.6% average of the previous 12 months. Gold closed higher on 10 of 22 trading days and lower on 12; the strongest session was 26 March 2012 (+1.40%) and the weakest 14 March 2012 (−3.02%).

How March 2012 compares

  • Against other Marches: at −2.37%, March 2012 ranks 20th of 26 Marches since 2001 (best first).
  • Against every month: it ranks 244th of 313 months since September 2000, better than 22% of them.
  • Range: the gap between the highest and lowest close was $78.80, or 4.6% of the opening level, 0.5× the 8.6% average of the previous 12 months.
  • Daily moves: the average day moved 0.88% (up or down), against 0.98% over the previous 12 months, so March 2012 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 +6.61% for 2012 to the end of March and +16.01% over 12 months (against the March 2011 close of $1,438.90).
  • Average price: the mean of the 22 daily closes was $1,675.66; the World Bank's monthly average of the London (LBMA) price was $1,676.00.

Across the other 25 completed Marches since 2001, gold averaged +0.31% and rose in 12 of them (48%). March 2012 lagged that average by 2.7 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 2012 in today's dollars

Adjusted for US consumer-price inflation, the $1,669.30 closing price equals about $2,454 in September 2026 dollars (CPI 228.8 in March 2012 against 336.3 in September 2026, FRED series CPIAUCSL), 47% 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 2012

The gold price in 2012 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 2012?

Gold closed March 2012 at $1,669.30 an ounce (COMEX settlement). It opened the month at $1,721.10 and averaged $1,675.66 across 22 trading days; the World Bank’s London average for the month was $1,676.00.

Did gold go up in March 2012?

No. Gold was down 2.37% in March 2012, from $1,709.90 at the end of February 2012 to $1,669.30. It closed higher on 10 of 22 days. Among Marches since 2001 it ranks 20th of 26 (best first).

What was the highest gold price in March 2012?

The highest close was $1,721.10 on 1 March 2012. The highest intraday price in the daily bars was $1,724.60 on 1 March 2012.

What was the lowest gold price in March 2012?

The lowest close was $1,642.30 on 22 March 2012, $78.80 (4.6%) below the month’s highest close. The lowest intraday price was $1,633.80 on 22 March 2012.

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