Gold Price in March 2017
In March 2017, gold fell 0.4%, from $1,252.60 at the end of February to $1,247.30 per troy ounce on March 31, 2017. The highest close was $1,255.40 on March 27, 2017, the lowest $1,200.10 on March 15, 2017, and the average over 23 trading days was $1,230.38. Today's price is 210.8% higher than the March 2017 close.
Gold ended March lower. What usually happens in April after a lower March →
- Gold fell 0.4% in US dollars in March 2017, leaving it up 8.5% for the year to date.
- Measured in other currencies, the change ranged from −3.3% in INR to +13.5% in EGP, because exchange rates moved too.
- It did better than silver (−1.0%) and bitcoin (−9.2%), and worse than US stocks (+0.1%).
- It closed higher on 9 trading days and lower on 14, with an average daily move of 0.46%.
- At the end of the month it was 34.0% below its highest close since 2000.
- Gold/silver ratio: 68.0 → 68.4.
Gold price chart, March 2017
US dollars per troy ounce · daily closeGold in other currencies, March 2017
| Currency | Change in the month |
|---|---|
| EGP | +13.5% |
| ZAR | +3.0% |
| TRY | +0.9% |
| CAD | +0.7% |
| AUD | −0.1% |
| CNY | −0.1% |
| GBP | −0.7% |
| PKR | −1.2% |
| JPY | −1.3% |
| CHF | −1.3% |
| EUR | −1.4% |
| INR | −3.3% |
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 2017
| Asset | Change (USD) |
|---|---|
| Gold | −0.4% |
| Silver | −1.0% |
| Bitcoin | −9.2% |
| S&P 500 (with dividends) | +0.1% |
| US inflation (CPI, month) | +0.08% |
| Gold, year to date (end of March) | +8.5% |
| Gold/silver ratio | 68.0 → 68.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2017
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 1Wed | $1,248.90 | −0.30% | $40.15 | ₹26,784 | AED 147.43 |
| Mar 2Thu | $1,231.90 | −1.36% | $39.61 | ₹26,480 | AED 145.42 |
| Mar 3Fri | $1,225.50 | −0.52% | $39.40 | ₹26,337 | AED 144.70 |
| Mar 6Mon | $1,224.50 | −0.08% | $39.37 | ₹26,288 | AED 144.55 |
| Mar 7Tue | $1,215.10 | −0.77% | $39.07 | ₹26,043 | AED 143.44 |
| Mar 8Wed | $1,208.50 | −0.54% | $38.85 | ₹25,883 | AED 142.67 |
| Mar 9Thu | $1,202.40 | −0.50% | $38.66 | ₹25,810 | AED 141.95 |
| Mar 10Fri | $1,200.70 | −0.14% | $38.60 | ₹25,741 | AED 141.75 |
| Mar 13Mon | $1,202.40 | +0.14% | $38.66 | ₹25,702 | AED 141.95 |
| Mar 14Tue | $1,201.90 | −0.04% | $38.64 | ₹25,569 | AED 141.89 |
| Mar 15Wed | $1,200.10 | −0.15% | $38.58 | ₹25,379 | AED 141.68 |
| Mar 16Thu | $1,226.50 | +2.20% | $39.43 | ₹25,876 | AED 144.79 |
| Mar 17Fri | $1,229.80 | +0.27% | $39.54 | ₹25,860 | AED 145.19 |
| Mar 20Mon | $1,233.60 | +0.31% | $39.66 | ₹25,965 | AED 145.64 |
| Mar 21Tue | $1,246.10 | +1.01% | $40.06 | ₹26,175 | AED 147.11 |
| Mar 22Wed | $1,249.30 | +0.26% | $40.17 | ₹26,307 | AED 147.49 |
| Mar 23Thu | $1,246.90 | −0.19% | $40.09 | ₹26,204 | AED 147.20 |
| Mar 24Fri | $1,248.20 | +0.10% | $40.13 | ₹26,263 | AED 147.36 |
| Mar 27Mon | $1,255.40 | +0.58% | $40.36 | ₹26,253 | AED 148.21 |
| Mar 28Tue | $1,255.30 | −0.01% | $40.36 | ₹26,278 | AED 148.20 |
| Mar 29Wed | $1,253.40 | −0.15% | $40.30 | ₹26,105 | AED 147.97 |
| Mar 30Thu | $1,245.00 | −0.67% | $40.03 | ₹25,934 | AED 146.98 |
| Mar 31Fri | $1,247.30 | +0.18% | $40.10 | ₹25,982 | AED 147.25 |
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 2017: FAQ
What was the price of gold in March 2017?
Gold traded between $1,200.10 and $1,255.40 per troy ounce (daily closes) in March 2017, averaging $1,230.38. It closed the month at $1,247.30.
How much did gold go down in March 2017?
Gold fell 0.4%, from $1,252.60 to $1,247.30. The biggest daily rise was +2.2% on March 16, 2017 and the biggest fall −1.4% on March 2, 2017.
What was the gold price on March 1, 2017?
Gold closed at $1,248.90 per troy ounce on March 1, 2017, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,784.
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 2017?
Gold fell 3.3% in Indian rupee terms in March 2017, compared with −0.4% in US dollars.
Did gold beat stocks in March 2017?
No. Gold was −0.4% for the month, against +0.1% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2017?
US consumer prices (CPI) changed +0.08% in March, so gold's real (inflation-adjusted) change was about −0.5%.
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 2017}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2017/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}