Gold Price in March 2005
In March 2005, gold fell 1.8%, from $436.50 at the end of February to $428.70 per troy ounce on March 31, 2005. The highest close was $446.20 on March 11, 2005, the lowest $424.70 on March 24, 2005, and the average over 21 trading days was $434.90. Today's price is 804.3% higher than the March 2005 close.
Gold ended March lower. What usually happens in April after a lower March →
- Gold fell 1.8% in US dollars in March 2005, leaving it down 2.0% for the year to date.
- Measured in other currencies, the change ranged from −3.4% in CAD to +4.9% in ZAR, because exchange rates moved too.
- It did better than silver (−2.3%), and worse than US stocks (−1.8%).
- It closed higher on 12 trading days and lower on 9, with an average daily move of 0.61%.
- At the end of the month it was 6.0% below its highest close since 2000.
- Gold/silver ratio: 59.3 → 59.6.
Gold price chart, March 2005
US dollars per troy ounce · daily closeGold in other currencies, March 2005
| Currency | Change in the month |
|---|---|
| ZAR | +4.9% |
| TRY | +3.7% |
| CHF | +1.5% |
| JPY | +1.2% |
| EUR | +0.5% |
| GBP | +0.1% |
| PKR | −1.4% |
| CNY | −1.8% |
| INR | −1.9% |
| EGP | −2.4% |
| CAD | −3.4% |
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 2005
| Asset | Change (USD) |
|---|---|
| Gold | −1.8% |
| Silver | −2.3% |
| S&P 500 (with dividends) | −1.8% |
| US inflation (CPI, month) | +0.78% |
| Gold, year to date (end of March) | −2.0% |
| Gold/silver ratio | 59.3 → 59.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2005
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Mar 1Tue | $432.90 | −0.82% | $13.92 | ₹6,074 | AED 51.09 |
| Mar 2Wed | $432.80 | −0.02% | $13.91 | ₹6,072 | AED 51.08 |
| Mar 3Thu | $429.90 | −0.67% | $13.82 | ₹6,023 | AED 50.74 |
| Mar 4Fri | $434.20 | +1.00% | $13.96 | ₹6,082 | AED 51.26 |
| Mar 7Mon | $435.00 | +0.18% | $13.99 | ₹6,096 | AED 51.35 |
| Mar 8Tue | $440.30 | +1.22% | $14.16 | ₹6,166 | AED 51.97 |
| Mar 9Wed | $442.10 | +0.41% | $14.21 | ₹6,194 | AED 52.18 |
| Mar 10Thu | $442.80 | +0.16% | $14.24 | ₹6,193 | AED 52.26 |
| Mar 11Fri | $446.20 | +0.77% | $14.35 | ₹6,227 | AED 52.68 |
| Mar 14Mon | $441.10 | −1.14% | $14.18 | ₹6,163 | AED 52.06 |
| Mar 15Tue | $440.90 | −0.05% | $14.18 | ₹6,163 | AED 52.04 |
| Mar 16Wed | $443.70 | +0.64% | $14.27 | ₹6,213 | AED 52.37 |
| Mar 17Thu | $438.70 | −1.13% | $14.10 | ₹6,143 | AED 51.79 |
| Mar 18Fri | $439.30 | +0.14% | $14.12 | ₹6,151 | AED 51.87 |
| Mar 21Mon | $431.10 | −1.87% | $13.86 | ₹6,036 | AED 50.88 |
| Mar 22Tue | $431.30 | +0.05% | $13.87 | ₹6,053 | AED 50.90 |
| Mar 23Wed | $425.20 | −1.41% | $13.67 | ₹5,969 | AED 50.21 |
| Mar 24Thu | $424.70 | −0.12% | $13.65 | ₹5,959 | AED 50.14 |
| Mar 28Mon | $425.90 | +0.28% | $13.69 | ₹5,977 | AED 50.28 |
| Mar 29Tue | $426.00 | +0.02% | $13.70 | ₹5,992 | AED 50.29 |
| Mar 31Thu | $428.70 | +0.63% | $13.78 | ₹5,994 | AED 50.62 |
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 −0.2%. Every March since 1971 →
Gold in March 2005: FAQ
What was the price of gold in March 2005?
Gold traded between $424.70 and $446.20 per troy ounce (daily closes) in March 2005, averaging $434.90. It closed the month at $428.70.
How much did gold go down in March 2005?
Gold fell 1.8%, from $436.50 to $428.70. The biggest daily rise was +1.2% on March 8, 2005 and the biggest fall −1.9% on March 21, 2005.
What was the gold price on March 1, 2005?
Gold closed at $432.90 per troy ounce on March 1, 2005, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,074.
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 −0.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in March 2005?
Gold fell 1.9% in Indian rupee terms in March 2005, compared with −1.8% in US dollars.
Did gold beat stocks in March 2005?
No. Gold was −1.8% for the month, against −1.8% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2005?
US consumer prices (CPI) changed +0.78% in March, so gold's real (inflation-adjusted) change was about −2.5%.
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 2005}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2005/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}