Gold price in March 2020: daily prices, high, low and change
Gold closed March 2020 at $1,583.40 an ounce, up 1.23% on the month. The highest close was $1,674.50 on 9 Mar and the lowest $1,477.30 on 18 Mar. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, March 2020 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2020 close ($1,564.10).
Daily gold prices in March 2020 (22 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 2 Mar | $1,583.90 | $1,608.30 | $1,574.30 | $1,592.30 | +$28.20 | +1.80% |
| Tue 3 Mar | $1,594.50 | $1,645.30 | $1,594.00 | $1,642.10 | +$49.80 | +3.13% |
| Wed 4 Mar | $1,645.40 | $1,645.90 | $1,631.30 | $1,641.10 | −$1.00 | −0.06% |
| Thu 5 Mar | $1,637.30 | $1,672.90 | $1,637.20 | $1,666.40 | +$25.30 | +1.54% |
| Fri 6 Mar | $1,670.80 | $1,686.20 | $1,647.20 | $1,670.80 | +$4.40 | +0.26% |
| Mon 9 Mar | $1,696.10 | $1,701.60 | $1,657.70 | $1,674.50 | +$3.70 | +0.22% |
| Tue 10 Mar | $1,671.60 | $1,674.60 | $1,643.00 | $1,659.10 | −$15.40 | −0.92% |
| Wed 11 Mar | $1,656.60 | $1,666.50 | $1,635.00 | $1,641.40 | −$17.70 | −1.07% |
| Thu 12 Mar | $1,637.00 | $1,647.50 | $1,566.40 | $1,589.30 | −$52.10 | −3.17% |
| Fri 13 Mar worst day | $1,574.90 | $1,589.80 | $1,513.80 | $1,515.70 | −$73.60 | −4.63% |
| Mon 16 Mar | $1,569.10 | $1,569.10 | $1,452.10 | $1,485.90 | −$29.80 | −1.97% |
| Tue 17 Mar | $1,469.30 | $1,537.70 | $1,469.30 | $1,524.90 | +$39.00 | +2.62% |
| Wed 18 Mar | $1,537.50 | $1,542.00 | $1,477.30 | $1,477.30 | −$47.60 | −3.12% |
| Thu 19 Mar | $1,481.50 | $1,491.60 | $1,471.00 | $1,478.60 | +$1.30 | +0.09% |
| Fri 20 Mar | $1,483.50 | $1,484.00 | $1,483.50 | $1,484.00 | +$5.40 | +0.37% |
| Mon 23 Mar | $1,505.30 | $1,567.00 | $1,490.20 | $1,567.00 | +$83.00 | +5.59% |
| Tue 24 Mar best day | $1,592.70 | $1,685.50 | $1,592.70 | $1,660.20 | +$93.20 | +5.95% |
| Wed 25 Mar | $1,676.50 | $1,676.50 | $1,631.10 | $1,632.30 | −$27.90 | −1.68% |
| Thu 26 Mar | $1,660.50 | $1,660.50 | $1,650.10 | $1,650.10 | +$17.80 | +1.09% |
| Fri 27 Mar | — | — | — | $1,623.90 | −$26.20 | −1.59% |
| Mon 30 Mar | $1,641.20 | $1,652.80 | $1,607.20 | $1,622.00 | −$1.90 | −0.12% |
| Tue 31 Mar | $1,618.70 | $1,621.00 | $1,576.00 | $1,583.40 | −$38.60 | −2.38% |
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 1 day 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 2020 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,592.30 | $1,674.50 | $1,477.30 | $1,583.40 | +1.23% |
| Intraday | $1,583.90 | $1,701.60 9 Mar | $1,452.10 16 Mar | $1,583.40 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2020 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 2020: summary
Gold nudged up 1.23% in March 2020, finishing at $1,583.40 an ounce against $1,564.10 at the end of February 2020. Settlement prices ranged from $1,477.30 on 18 March 2020 to $1,674.50 on 9 March 2020, a spread of $197.20 (12.6%), wider than the 4.6% average of the previous 12 months. Gold closed higher on 11 of 22 trading days and lower on 11; the strongest session was 24 March 2020 (+5.95%) and the weakest 13 March 2020 (−4.63%).
The +5.95% move on 24 March 2020 was the largest one-day gain of 2020, and the largest since 19 March 2009. The $1,674.50 close on 9 March 2020 was gold's highest since 6 February 2013.
How March 2020 compares
- Against other Marches: at +1.23%, March 2020 ranks 9th of 26 Marches since 2001 (best first).
- Against every month: it ranks 148th of 313 months since September 2000, better than 53% of them.
- Range: the gap between the highest and lowest close was $197.20, or 12.6% of the opening level, 2.8× the 4.6% average of the previous 12 months.
- Daily moves: the average day moved 1.97% (up or down), against 0.57% over the previous 12 months, so March 2020 was more volatile than usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 5 days.
- Bigger picture: at the month-end close gold was +4.21% for 2020 to the end of March and +22.46% over 12 months (against the March 2019 close of $1,293.00).
- Average price: the mean of the 22 daily closes was $1,594.65; the World Bank's monthly average of the London (LBMA) price was $1,592.00.
Across the other 25 completed Marches since 2001, gold averaged +0.17% and rose in 11 of them (44%). March 2020 beat that average by 1.1 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 2020 in today's dollars
Adjusted for US consumer-price inflation, the $1,583.40 closing price equals about $2,063 in September 2026 dollars (CPI 258.1 in March 2020 against 336.3 in September 2026, FRED series CPIAUCSL), 30% 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 2020
The gold price in 2020 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 2020?
Gold closed March 2020 at $1,583.40 an ounce (COMEX settlement). It opened the month at $1,592.30 and averaged $1,594.65 across 22 trading days; the World Bank’s London average for the month was $1,592.00.
Did gold go up in March 2020?
Yes. Gold was up 1.23% in March 2020, from $1,564.10 at the end of February 2020 to $1,583.40. It closed higher on 11 of 22 days. Among Marches since 2001 it ranks 9th of 26 (best first).
What was the highest gold price in March 2020?
The highest close was $1,674.50 on 9 March 2020. The highest intraday price in the daily bars was $1,701.60 on 9 March 2020.
What was the lowest gold price in March 2020?
The lowest close was $1,477.30 on 18 March 2020, $197.20 (12.6%) below the month’s highest close. The lowest intraday price was $1,452.10 on 16 March 2020.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.