Gold Price in March 2022
In March 2022, gold rose 2.6%, from $1,900.70 at the end of February to $1,949.20 per troy ounce on March 31, 2022. The highest close was $2,043.30 on March 8, 2022, the lowest $1,909.20 on March 16, 2022, and the average over 23 trading days was $1,951.87. Today's price is 98.9% higher than the March 2022 close.
Gold ended March higher. What usually happens in April after a higher March →
- Gold rose 2.6% in US dollars in March 2022, leaving it up 6.6% for the year to date.
- Measured in other currencies, the change ranged from −2.5% in ZAR to +19.8% in EGP, because exchange rates moved too.
- It did worse than silver (+3.1%), bitcoin (+5.4%) and US stocks (+3.7%).
- It closed higher on 12 trading days and lower on 11, with an average daily move of 1.17%.
- At the end of the month it was 5.8% below its highest close since 2000.
- Gold/silver ratio: 78.0 → 77.6.
Gold price chart, March 2022
US dollars per troy ounce · daily closeGold in other currencies, March 2022
| Currency | Change in the month |
|---|---|
| EGP | +19.8% |
| JPY | +8.0% |
| PKR | +7.5% |
| TRY | +7.2% |
| GBP | +4.3% |
| INR | +3.7% |
| EUR | +3.6% |
| CNY | +2.9% |
| CHF | +2.2% |
| CAD | +0.5% |
| AUD | −1.6% |
| ZAR | −2.5% |
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 2022
| Asset | Change (USD) |
|---|---|
| Gold | +2.6% |
| Silver | +3.1% |
| Bitcoin | +5.4% |
| S&P 500 (with dividends) | +3.7% |
| US inflation (CPI, month) | +1.34% |
| Gold, year to date (end of March) | +6.6% |
| Gold/silver ratio | 78.0 → 77.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, March 2022
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 | $1,943.80 | +2.27% | $62.49 | ₹47,049 | AED 229.49 |
| Mar 2Wed | $1,922.30 | −1.11% | $61.80 | ₹46,848 | AED 226.95 |
| Mar 3Thu | $1,935.90 | +0.71% | $62.24 | ₹47,073 | AED 228.55 |
| Mar 4Fri | $1,966.60 | +1.59% | $63.23 | ₹47,985 | AED 232.18 |
| Mar 7Mon | $1,995.90 | +1.49% | $64.17 | ₹49,037 | AED 235.68 |
| Mar 8Tue | $2,043.30 | +2.37% | $65.69 | ₹50,637 | AED 241.23 |
| Mar 9Wed | $1,988.20 | −2.70% | $63.92 | ₹49,165 | AED 234.73 |
| Mar 10Thu | $2,000.40 | +0.61% | $64.31 | ₹48,966 | AED 236.17 |
| Mar 11Fri | $1,985.00 | −0.77% | $63.82 | ₹48,701 | AED 234.34 |
| Mar 14Mon | $1,960.80 | −1.22% | $63.04 | ₹48,386 | AED 231.53 |
| Mar 15Tue | $1,929.70 | −1.59% | $62.04 | ₹47,455 | AED 227.82 |
| Mar 16Wed | $1,909.20 | −1.06% | $61.38 | ₹46,814 | AED 225.40 |
| Mar 17Thu | $1,943.20 | +1.78% | $62.48 | ₹47,496 | AED 229.42 |
| Mar 18Fri | $1,929.30 | −0.72% | $62.03 | ₹47,130 | AED 227.77 |
| Mar 21Mon | $1,929.50 | +0.01% | $62.03 | ₹47,113 | AED 227.84 |
| Mar 22Tue | $1,921.50 | −0.41% | $61.78 | ₹47,141 | AED 226.85 |
| Mar 23Wed | $1,937.30 | +0.82% | $62.29 | ₹47,401 | AED 228.72 |
| Mar 24Thu | $1,962.20 | +1.29% | $63.09 | ₹48,294 | AED 231.70 |
| Mar 25Fri | $1,954.20 | −0.41% | $62.83 | ₹47,953 | AED 230.71 |
| Mar 28Mon | $1,939.80 | −0.74% | $62.37 | ₹47,419 | AED 229.01 |
| Mar 29Tue | $1,912.20 | −1.42% | $61.48 | ₹46,519 | AED 225.76 |
| Mar 30Wed | $1,933.50 | +1.11% | $62.16 | ₹47,137 | AED 228.27 |
| Mar 31Thu | $1,949.20 | +0.81% | $62.67 | ₹47,571 | AED 230.12 |
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 2022: FAQ
What was the price of gold in March 2022?
Gold traded between $1,909.20 and $2,043.30 per troy ounce (daily closes) in March 2022, averaging $1,951.87. It closed the month at $1,949.20.
How much did gold go up in March 2022?
Gold rose 2.6%, from $1,900.70 to $1,949.20. The biggest daily rise was +2.4% on March 8, 2022 and the biggest fall −2.7% on March 9, 2022.
What was the gold price on March 1, 2022?
Gold closed at $1,943.80 per troy ounce on March 1, 2022, the first trading day of the month. 24K India, ₹ per 10 g: ₹47,049.
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 2022?
Gold rose 3.7% in Indian rupee terms in March 2022, compared with +2.6% in US dollars.
Did gold beat stocks in March 2022?
No. Gold was +2.6% for the month, against +3.7% for the S&P 500 with dividends.
Did gold keep up with inflation in March 2022?
US consumer prices (CPI) changed +1.34% in March, so gold's real (inflation-adjusted) change was about +1.2%.
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 2022}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2022/march}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}