Gold Price in March 2001
In March 2001, gold fell 3.3%, from $266.80 at the end of February to $257.90 per troy ounce on March 30, 2001. The highest close was $271.60 on March 12, 2001, the lowest $257.90 on March 30, 2001, and the average over 22 trading days was $262.29. Today's price is 1,403.2% higher than the March 2001 close.
Gold ended March lower. What usually happens in April after a lower March →
- Gold fell 3.3% in US dollars in March 2001, leaving it down 5.2% for the year to date.
- Measured in other currencies, the change ranged from +3.9% in JPY to +3.9% in JPY, because exchange rates moved too.
- It did better than silver (−4.3%) and US stocks (−6.3%).
- It closed higher on 10 trading days and lower on 12, with an average daily move of 0.73%.
- At the end of the month it was 7.4% below its highest close since 2000.
- Gold/silver ratio: 59.7 → 60.3.
Gold price chart, March 2001
US dollars per troy ounce · daily closeGold in other currencies, March 2001
| Currency | Change in the month |
|---|---|
| JPY | +3.9% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, March 2001
| Asset | Change (USD) |
|---|---|
| Gold | −3.3% |
| Silver | −4.3% |
| S&P 500 (with dividends) | −6.3% |
| US inflation (CPI, month) | +0.23% |
| Gold, year to date (end of March) | −5.2% |
| Gold/silver ratio | 59.7 → 60.3 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2001
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Mar 1Thu | $265.20 | −0.60% | $8.53 |
| Mar 2Fri | $262.10 | −1.17% | $8.43 |
| Mar 5Mon | $262.50 | +0.15% | $8.44 |
| Mar 6Tue | $259.90 | −0.99% | $8.36 |
| Mar 7Wed | $261.40 | +0.58% | $8.40 |
| Mar 8Thu | $265.40 | +1.53% | $8.53 |
| Mar 9Fri | $270.80 | +2.03% | $8.71 |
| Mar 12Mon | $271.60 | +0.30% | $8.73 |
| Mar 13Tue | $266.80 | −1.77% | $8.58 |
| Mar 14Wed | $262.50 | −1.61% | $8.44 |
| Mar 15Thu | $260.00 | −0.95% | $8.36 |
| Mar 16Fri | $258.10 | −0.73% | $8.30 |
| Mar 19Mon | $259.80 | +0.66% | $8.35 |
| Mar 20Tue | $260.50 | +0.27% | $8.38 |
| Mar 21Wed | $261.90 | +0.54% | $8.42 |
| Mar 22Thu | $261.10 | −0.31% | $8.39 |
| Mar 23Fri | $261.50 | +0.15% | $8.41 |
| Mar 26Mon | $261.90 | +0.15% | $8.42 |
| Mar 27Tue | $261.00 | −0.34% | $8.39 |
| Mar 28Wed | $259.70 | −0.50% | $8.35 |
| Mar 29Thu | $258.80 | −0.35% | $8.32 |
| Mar 30Fri | $257.90 | −0.35% | $8.29 |
How March usually goes for gold
In the 20 years from 2006 to 2025, gold rose in March 10 times out of 20, with an average move of +0.8% and a median of +0.3%. Every March since 1971 →
Gold in March 2001: FAQ
What was the price of gold in March 2001?
Gold traded between $257.90 and $271.60 per troy ounce (daily closes) in March 2001, averaging $262.29. It closed the month at $257.90.
How much did gold go down in March 2001?
Gold fell 3.3%, from $266.80 to $257.90. The biggest daily rise was +2.0% on March 9, 2001 and the biggest fall −1.8% on March 13, 2001.
What was the gold price on March 1, 2001?
Gold closed at $265.20 per troy ounce on March 1, 2001, the first trading day of the month.
Is March usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in March 10 times out of 20, with an average move of +0.8% and a median of +0.3%. Past seasonal patterns are not a reliable guide to any single year.
Did gold beat stocks in March 2001?
Yes. Gold was −3.3% for the month, against −6.3% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2001?
US consumer prices (CPI) changed +0.23% in March, so gold's real (inflation-adjusted) change was about −3.6%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinmarch, author = {{Corgano}}, title = {Gold Price in March 2001}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2001/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}