Gold price in March 2023: daily prices, high, low and change
Gold closed March 2023 at $1,969.00 an ounce, up 7.20% on the month. The highest close was $1,995.90 on 23 Mar and the lowest $1,818.60 on 8 Mar. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, March 2023 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2023 close ($1,836.70).
Daily gold prices in March 2023 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Mar | $1,834.00 | $1,852.50 | $1,829.60 | $1,845.40 | +$8.70 | +0.47% |
| Thu 2 Mar | $1,843.80 | $1,845.30 | $1,835.90 | $1,840.50 | −$4.90 | −0.27% |
| Fri 3 Mar | $1,842.10 | $1,864.40 | $1,842.00 | $1,854.60 | +$14.10 | +0.77% |
| Mon 6 Mar | $1,861.00 | $1,864.30 | $1,850.60 | $1,854.60 | $0.00 | 0.00% |
| Tue 7 Mar | $1,852.60 | $1,856.90 | $1,817.10 | $1,820.00 | −$34.60 | −1.87% |
| Wed 8 Mar | $1,818.00 | $1,828.70 | $1,813.40 | $1,818.60 | −$1.40 | −0.08% |
| Thu 9 Mar | $1,818.00 | $1,839.40 | $1,815.40 | $1,834.60 | +$16.00 | +0.88% |
| Fri 10 Mar | $1,835.10 | $1,874.30 | $1,830.00 | $1,867.20 | +$32.60 | +1.78% |
| Mon 13 Mar best day | $1,877.10 | $1,919.50 | $1,875.70 | $1,916.50 | +$49.30 | +2.64% |
| Tue 14 Mar | $1,919.40 | $1,919.40 | $1,899.80 | $1,910.90 | −$5.60 | −0.29% |
| Wed 15 Mar | $1,908.20 | $1,942.50 | $1,889.50 | $1,931.30 | +$20.40 | +1.07% |
| Thu 16 Mar | $1,922.80 | $1,938.00 | $1,911.50 | $1,923.00 | −$8.30 | −0.43% |
| Fri 17 Mar | $1,925.90 | $1,993.70 | $1,922.30 | $1,973.50 | +$50.50 | +2.63% |
| Mon 20 Mar | $1,989.70 | $2,014.90 | $1,970.00 | $1,982.80 | +$9.30 | +0.47% |
| Tue 21 Mar worst day | $1,983.10 | $1,988.70 | $1,938.60 | $1,941.10 | −$41.70 | −2.10% |
| Wed 22 Mar | $1,943.50 | $1,982.30 | $1,936.50 | $1,949.60 | +$8.50 | +0.44% |
| Thu 23 Mar | $1,974.00 | $2,006.10 | $1,967.30 | $1,995.90 | +$46.30 | +2.37% |
| Fri 24 Mar | $1,996.10 | $2,006.50 | $1,977.70 | $1,983.80 | −$12.10 | −0.61% |
| Mon 27 Mar | $1,982.60 | $1,984.00 | $1,945.00 | $1,953.80 | −$30.00 | −1.51% |
| Tue 28 Mar | $1,957.80 | $1,977.10 | $1,949.90 | $1,973.50 | +$19.70 | +1.01% |
| Wed 29 Mar | $1,975.40 | $1,976.00 | $1,959.50 | $1,966.90 | −$6.60 | −0.33% |
| Thu 30 Mar | $1,965.90 | $1,984.40 | $1,954.90 | $1,980.30 | +$13.40 | +0.68% |
| Fri 31 Mar | $1,981.30 | $1,986.80 | $1,968.00 | $1,969.00 | −$11.30 | −0.57% |
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 2023 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,845.40 | $1,995.90 | $1,818.60 | $1,969.00 | +7.20% |
| Intraday | $1,834.00 | $2,014.90 20 Mar | $1,813.40 8 Mar | $1,969.00 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2023 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 2023: summary
Gold jumped 7.20% in March 2023, from $1,836.70 at the end of February 2023 to $1,969.00 an ounce. Gold closed higher on 12 of 23 trading days and lower on 10; the strongest session was 13 March 2023 (+2.64%) and the weakest 21 March 2023 (−2.10%). Settlement prices ranged from $1,818.60 on 8 March 2023 to $1,995.90 on 23 March 2023, a spread of $177.30 (9.7%), wider than the 5.5% average of the previous 12 months.
That was the biggest monthly gain since May 2021. The $1,995.90 close on 23 March 2023 was gold's highest since 10 March 2022.
How March 2023 compares
- Against other Marches: at +7.20%, March 2023 ranks 4th of 26 Marches since 2001 (best first).
- Against every month: it ranks 30th of 313 months since September 2000, better than 91% of them.
- Range: the gap between the highest and lowest close was $177.30, or 9.7% of the opening level, 1.8× the 5.5% average of the previous 12 months.
- Daily moves: the average day moved 1.01% (up or down), against 0.73% over the previous 12 months, so March 2023 was more volatile than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +7.82% for 2023 to the end of March and +1.02% over 12 months (against the March 2022 close of $1,949.20).
- Average price: the mean of the 23 daily closes was $1,916.84; the World Bank's monthly average of the London (LBMA) price was $1,913.00.
Across the other 25 completed Marches since 2001, gold averaged −0.07% and rose in 11 of them (44%). March 2023 beat that average by 7.3 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 2023 in today's dollars
Adjusted for US consumer-price inflation, the $1,969.00 closing price equals about $2,194 in September 2026 dollars (CPI 301.8 in March 2023 against 336.3 in September 2026, FRED series CPIAUCSL), 11% 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 2023
The gold price in 2023 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 2023?
Gold closed March 2023 at $1,969.00 an ounce (COMEX settlement). It opened the month at $1,845.40 and averaged $1,916.84 across 23 trading days; the World Bank’s London average for the month was $1,913.00.
Did gold go up in March 2023?
Yes. Gold was up 7.20% in March 2023, from $1,836.70 at the end of February 2023 to $1,969.00. It closed higher on 12 of 23 days. Among Marches since 2001 it ranks 4th of 26 (best first).
What was the highest gold price in March 2023?
The highest close was $1,995.90 on 23 March 2023. The highest intraday price in the daily bars was $2,014.90 on 20 March 2023.
What was the lowest gold price in March 2023?
The lowest close was $1,818.60 on 8 March 2023, $177.30 (9.7%) below the month’s highest close. The lowest intraday price was $1,813.40 on 8 March 2023.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.