Gold Price in March 2012
In March 2012, gold fell 2.4%, from $1,709.90 at the end of February to $1,669.30 per troy ounce on March 30, 2012. The highest close was $1,721.10 on March 1, 2012, the lowest $1,642.30 on March 22, 2012, and the average over 22 trading days was $1,675.66. Today's price is 132.2% higher than the March 2012 close.
Gold ended March lower. What usually happens in April after a lower March →
- Gold fell 2.4% in US dollars in March 2012, leaving it up 6.6% for the year to date.
- Measured in other currencies, the change ranged from −2.7% in PKR to +2.1% in INR, because exchange rates moved too.
- It did better than silver (−6.1%), and worse than US stocks (+3.3%).
- It closed higher on 10 trading days and lower on 12, with an average daily move of 0.88%.
- At the end of the month it was 11.6% below its highest close since 2000.
- Gold/silver ratio: 49.4 → 51.4.
Gold price chart, March 2012
US dollars per troy ounce · daily closeGold in other currencies, March 2012
| Currency | Change in the month |
|---|---|
| INR | +2.1% |
| AUD | +1.6% |
| ZAR | +0.6% |
| JPY | −0.2% |
| TRY | −0.5% |
| CHF | −1.1% |
| EUR | −1.2% |
| CAD | −2.1% |
| EGP | −2.2% |
| CNY | −2.3% |
| GBP | −2.6% |
| PKR | −2.7% |
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 2012
| Asset | Change (USD) |
|---|---|
| Gold | −2.4% |
| Silver | −6.1% |
| S&P 500 (with dividends) | +3.3% |
| US inflation (CPI, month) | +0.76% |
| Gold, year to date (end of March) | +6.6% |
| Gold/silver ratio | 49.4 → 51.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2012
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 1Thu | $1,721.10 | +0.66% | $55.33 | ₹27,116 | AED 203.19 |
| Mar 2Fri | $1,708.80 | −0.71% | $54.94 | ₹27,029 | AED 201.74 |
| Mar 5Mon | $1,703.00 | −0.34% | $54.75 | ₹27,112 | AED 201.05 |
| Mar 6Tue | $1,671.40 | −1.86% | $53.74 | ₹26,779 | AED 197.32 |
| Mar 7Wed | $1,683.30 | +0.71% | $54.12 | ₹27,253 | AED 198.73 |
| Mar 8Thu | $1,698.10 | +0.88% | $54.60 | ₹27,449 | AED 200.47 |
| Mar 9Fri | $1,710.90 | +0.75% | $55.01 | ₹27,544 | AED 201.98 |
| Mar 12Mon | $1,699.20 | −0.68% | $54.63 | ₹27,180 | AED 200.60 |
| Mar 13Tue | $1,693.70 | −0.32% | $54.45 | ₹27,209 | AED 199.95 |
| Mar 14Wed | $1,642.50 | −3.02% | $52.81 | ₹26,314 | AED 193.91 |
| Mar 15Thu | $1,659.10 | +1.01% | $53.34 | ₹26,622 | AED 195.87 |
| Mar 16Fri | $1,655.50 | −0.22% | $53.23 | ₹26,814 | AED 195.44 |
| Mar 19Mon | $1,666.90 | +0.69% | $53.59 | ₹26,867 | AED 196.84 |
| Mar 20Tue | $1,646.70 | −1.21% | $52.94 | ₹26,592 | AED 194.41 |
| Mar 21Wed | $1,650.00 | +0.20% | $53.05 | ₹26,730 | AED 194.79 |
| Mar 22Thu | $1,642.30 | −0.47% | $52.80 | ₹26,732 | AED 193.93 |
| Mar 23Fri | $1,662.30 | +1.22% | $53.44 | ₹27,321 | AED 196.25 |
| Mar 26Mon | $1,685.50 | +1.40% | $54.19 | ₹27,649 | AED 199.03 |
| Mar 27Tue | $1,684.80 | −0.04% | $54.17 | ₹27,451 | AED 198.90 |
| Mar 28Wed | $1,657.90 | −1.60% | $53.30 | ₹27,063 | AED 195.73 |
| Mar 29Thu | $1,652.20 | −0.34% | $53.12 | ₹27,270 | AED 195.05 |
| Mar 30Fri | $1,669.30 | +1.03% | $53.67 | ₹27,553 | AED 197.07 |
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 2012: FAQ
What was the price of gold in March 2012?
Gold traded between $1,642.30 and $1,721.10 per troy ounce (daily closes) in March 2012, averaging $1,675.66. It closed the month at $1,669.30.
How much did gold go down in March 2012?
Gold fell 2.4%, from $1,709.90 to $1,669.30. The biggest daily rise was +1.4% on March 26, 2012 and the biggest fall −3.0% on March 14, 2012.
What was the gold price on March 1, 2012?
Gold closed at $1,721.10 per troy ounce on March 1, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹27,116.
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 2012?
Gold rose 2.1% in Indian rupee terms in March 2012, compared with −2.4% in US dollars.
Did gold beat stocks in March 2012?
No. Gold was −2.4% for the month, against +3.3% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2012?
US consumer prices (CPI) changed +0.76% in March, so gold's real (inflation-adjusted) change was about −3.1%.
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 2012}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2012/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}