Gold Price in March 2018
In March 2018, gold rose 0.6%, from $1,315.50 at the end of February to $1,322.80 per troy ounce on March 29, 2018. The highest close was $1,354.40 on March 26, 2018, the lowest $1,302.90 on March 1, 2018, and the average over 21 trading days was $1,324.24. Today's price is 193.1% higher than the March 2018 close.
Gold ended March higher. What usually happens in April after a higher March →
- Gold rose 0.6% in US dollars in March 2018, leaving it up 1.3% for the year to date.
- Measured in other currencies, the change ranged from −0.3% in JPY to +5.0% in PKR, because exchange rates moved too.
- It did better than silver (−0.6%), bitcoin (−32.9%) and US stocks (−2.5%).
- It closed higher on 9 trading days and lower on 12, with an average daily move of 0.63%.
- At the end of the month it was 30.0% below its highest close since 2000.
- Gold/silver ratio: 80.6 → 81.5.
Gold price chart, March 2018
US dollars per troy ounce · daily closeGold in other currencies, March 2018
| Currency | Change in the month |
|---|---|
| PKR | +5.0% |
| TRY | +4.0% |
| CHF | +2.3% |
| AUD | +2.0% |
| ZAR | +1.7% |
| CAD | +1.5% |
| INR | +0.7% |
| EGP | +0.5% |
| CNY | +0.1% |
| EUR | 0.0% |
| GBP | −0.3% |
| JPY | −0.3% |
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 2018
| Asset | Change (USD) |
|---|---|
| Gold | +0.6% |
| Silver | −0.6% |
| Bitcoin | −32.9% |
| S&P 500 (with dividends) | −2.5% |
| US inflation (CPI, month) | +0.23% |
| Gold, year to date (end of March) | +1.3% |
| Gold/silver ratio | 80.6 → 81.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2018
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 | $1,302.90 | −0.96% | $41.89 | ₹27,329 | AED 153.82 |
| Mar 2Fri | $1,321.10 | +1.40% | $42.47 | ₹27,672 | AED 155.97 |
| Mar 5Mon | $1,318.10 | −0.23% | $42.38 | ₹27,625 | AED 155.62 |
| Mar 6Tue | $1,333.60 | +1.18% | $42.88 | ₹27,871 | AED 157.45 |
| Mar 7Wed | $1,326.00 | −0.57% | $42.63 | ₹27,664 | AED 156.55 |
| Mar 8Thu | $1,319.90 | −0.46% | $42.44 | ₹27,537 | AED 155.82 |
| Mar 9Fri | $1,322.40 | +0.19% | $42.52 | ₹27,674 | AED 156.16 |
| Mar 12Mon | $1,319.40 | −0.23% | $42.42 | ₹27,558 | AED 155.77 |
| Mar 13Tue | $1,325.90 | +0.49% | $42.63 | ₹27,685 | AED 156.54 |
| Mar 14Wed | $1,324.40 | −0.11% | $42.58 | ₹27,604 | AED 156.36 |
| Mar 15Thu | $1,316.80 | −0.57% | $42.34 | ₹27,449 | AED 155.46 |
| Mar 16Fri | $1,311.30 | −0.42% | $42.16 | ₹27,410 | AED 154.81 |
| Mar 19Mon | $1,316.80 | +0.42% | $42.34 | ₹27,546 | AED 155.46 |
| Mar 20Tue | $1,311.10 | −0.43% | $42.15 | ₹27,488 | AED 154.79 |
| Mar 21Wed | $1,320.70 | +0.73% | $42.46 | ₹27,699 | AED 155.92 |
| Mar 22Thu | $1,326.60 | +0.45% | $42.65 | ₹27,751 | AED 156.62 |
| Mar 23Fri | $1,349.30 | +1.71% | $43.38 | ₹28,267 | AED 159.30 |
| Mar 26Mon | $1,354.40 | +0.38% | $43.54 | ₹28,171 | AED 159.90 |
| Mar 27Tue | $1,341.30 | −0.97% | $43.12 | ₹27,985 | AED 158.35 |
| Mar 28Wed | $1,324.20 | −1.27% | $42.57 | ₹27,737 | AED 156.33 |
| Mar 29Thu | $1,322.80 | −0.11% | $42.53 | ₹27,657 | AED 156.20 |
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 2018: FAQ
What was the price of gold in March 2018?
Gold traded between $1,302.90 and $1,354.40 per troy ounce (daily closes) in March 2018, averaging $1,324.24. It closed the month at $1,322.80.
How much did gold go up in March 2018?
Gold rose 0.6%, from $1,315.50 to $1,322.80. The biggest daily rise was +1.7% on March 23, 2018 and the biggest fall −1.3% on March 28, 2018.
What was the gold price on March 1, 2018?
Gold closed at $1,302.90 per troy ounce on March 1, 2018, the first trading day of the month. 24K India, ₹ per 10 g: ₹27,329.
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 2018?
Gold rose 0.7% in Indian rupee terms in March 2018, compared with +0.6% in US dollars.
Did gold beat stocks in March 2018?
Yes. Gold was +0.6% for the month, against −2.5% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2018?
US consumer prices (CPI) changed +0.23% in March, so gold's real (inflation-adjusted) change was about +0.3%.
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 2018}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2018/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}