Gold price in March 2017: daily prices, high, low and change
Gold closed March 2017 at $1,247.30 an ounce, down 0.42% on the month. The highest close was $1,255.40 on 27 Mar and the lowest $1,200.10 on 15 Mar. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, March 2017 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2017 close ($1,252.60).
Daily gold prices in March 2017 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Mar | $1,247.80 | $1,248.90 | $1,236.90 | $1,248.90 | −$3.70 | −0.30% |
| Thu 2 Mar worst day | $1,247.20 | $1,247.60 | $1,230.70 | $1,231.90 | −$17.00 | −1.36% |
| Fri 3 Mar | $1,231.70 | $1,235.20 | $1,222.90 | $1,225.50 | −$6.40 | −0.52% |
| Mon 6 Mar | $1,235.20 | $1,235.20 | $1,224.50 | $1,224.50 | −$1.00 | −0.08% |
| Tue 7 Mar | $1,224.30 | $1,225.40 | $1,213.70 | $1,215.10 | −$9.40 | −0.77% |
| Wed 8 Mar | $1,212.20 | $1,212.20 | $1,206.70 | $1,208.50 | −$6.60 | −0.54% |
| Thu 9 Mar | $1,204.50 | $1,205.60 | $1,202.30 | $1,202.40 | −$6.10 | −0.50% |
| Fri 10 Mar | $1,196.20 | $1,203.30 | $1,196.20 | $1,200.70 | −$1.70 | −0.14% |
| Mon 13 Mar | $1,206.20 | $1,210.00 | $1,202.30 | $1,202.40 | +$1.70 | +0.14% |
| Tue 14 Mar | $1,203.10 | $1,205.90 | $1,196.80 | $1,201.90 | −$0.50 | −0.04% |
| Wed 15 Mar | $1,198.20 | $1,221.20 | $1,197.70 | $1,200.10 | −$1.80 | −0.15% |
| Thu 16 Mar best day | $1,222.20 | $1,231.40 | $1,222.20 | $1,226.50 | +$26.40 | +2.20% |
| Fri 17 Mar | $1,227.10 | $1,230.90 | $1,227.10 | $1,229.80 | +$3.30 | +0.27% |
| Mon 20 Mar | $1,229.30 | $1,234.40 | $1,229.30 | $1,233.60 | +$3.80 | +0.31% |
| Tue 21 Mar | $1,226.40 | $1,246.10 | $1,226.40 | $1,246.10 | +$12.50 | +1.01% |
| Wed 22 Mar | $1,247.90 | $1,249.50 | $1,247.70 | $1,249.30 | +$3.20 | +0.26% |
| Thu 23 Mar | $1,246.40 | $1,247.50 | $1,244.80 | $1,246.90 | −$2.40 | −0.19% |
| Fri 24 Mar | $1,248.00 | $1,248.30 | $1,247.60 | $1,248.20 | +$1.30 | +0.10% |
| Mon 27 Mar | $1,255.80 | $1,257.70 | $1,253.80 | $1,255.40 | +$7.20 | +0.58% |
| Tue 28 Mar | $1,255.90 | $1,255.90 | $1,255.30 | $1,255.30 | −$0.10 | −0.01% |
| Wed 29 Mar | $1,252.20 | $1,253.40 | $1,252.10 | $1,253.40 | −$1.90 | −0.15% |
| Thu 30 Mar | $1,253.10 | $1,253.60 | $1,241.10 | $1,245.00 | −$8.40 | −0.67% |
| Fri 31 Mar | $1,242.10 | $1,248.80 | $1,238.70 | $1,247.30 | +$2.30 | +0.18% |
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 2017 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,248.90 | $1,255.40 | $1,200.10 | $1,247.30 | −0.42% |
| Intraday | $1,247.80 | $1,257.70 27 Mar | $1,196.20 10 Mar | $1,247.30 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2017 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 2017: summary
Gold eased 0.42% in March 2017, finishing at $1,247.30 an ounce against $1,252.60 at the end of February 2017. Gold closed higher on 9 of 23 trading days and lower on 14; the strongest session was 16 March 2017 (+2.20%) and the weakest 2 March 2017 (−1.36%). Settlement prices ranged from $1,200.10 on 15 March 2017 to $1,255.40 on 27 March 2017, a spread of $55.30 (4.4%), narrower than the 5.4% average of the previous 12 months.
The +2.20% move on 16 March 2017 was the largest one-day gain of 2017.
How March 2017 compares
- Against other Marches: at −0.42%, March 2017 ranks 13th of 26 Marches since 2001 (best first).
- Against every month: it ranks 188th of 313 months since September 2000, better than 40% of them.
- Range: the gap between the highest and lowest close was $55.30, or 4.4% of the opening level, 0.8× the 5.4% average of the previous 12 months.
- Daily moves: the average day moved 0.46% (up or down), against 0.66% over the previous 12 months, so March 2017 was calmer than usual.
- Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 8 days.
- Bigger picture: at the month-end close gold was +8.46% for 2017 to the end of March and +1.06% over 12 months (against the March 2016 close of $1,234.20).
- Average price: the mean of the 23 daily closes was $1,230.38; the World Bank's monthly average of the London (LBMA) price was $1,231.00.
Across the other 25 completed Marches since 2001, gold averaged +0.23% and rose in 12 of them (48%). March 2017 lagged that average by 0.7 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 2017 in today's dollars
Adjusted for US consumer-price inflation, the $1,247.30 closing price equals about $1,720 in September 2026 dollars (CPI 243.9 in March 2017 against 336.3 in September 2026, FRED series CPIAUCSL), 38% 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 2017
The gold price in 2017 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 2017?
Gold closed March 2017 at $1,247.30 an ounce (COMEX settlement). It opened the month at $1,248.90 and averaged $1,230.38 across 23 trading days; the World Bank’s London average for the month was $1,231.00.
Did gold go up in March 2017?
No. Gold was down 0.42% in March 2017, from $1,252.60 at the end of February 2017 to $1,247.30. It closed higher on 9 of 23 days. Among Marches since 2001 it ranks 13th of 26 (best first).
What was the highest gold price in March 2017?
The highest close was $1,255.40 on 27 March 2017. The highest intraday price in the daily bars was $1,257.70 on 27 March 2017.
What was the lowest gold price in March 2017?
The lowest close was $1,200.10 on 15 March 2017, $55.30 (4.4%) below the month’s highest close. The lowest intraday price was $1,196.20 on 10 March 2017.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.