Gold Price in March 2008
In March 2008, gold fell 5.8%, from $972.10 at the end of February to $916.20 per troy ounce on March 31, 2008. The highest close was $1,003.20 on March 18, 2008, the lowest $916.20 on March 31, 2008, and the average over 20 trading days was $962.93. Today's price is 340.9% higher than the March 2008 close.
Gold price chart, March 2008
US dollars per troy ounce · daily closeDaily Gold Prices, March 2008
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 3Mon | $981.50 | +0.97% | $31.56 | ₹12,703 | AED 115.86 |
| Mar 4Tue | $963.90 | −1.79% | $30.99 | ₹12,461 | AED 113.78 |
| Mar 5Wed | $986.20 | +2.31% | $31.71 | ₹12,738 | AED 116.44 |
| Mar 6Thu | $975.00 | −1.14% | $31.35 | ₹12,553 | AED 115.09 |
| Mar 7Fri | $972.20 | −0.29% | $31.26 | ₹12,577 | AED 114.71 |
| Mar 10Mon | $969.90 | −0.24% | $31.18 | ₹12,571 | AED 114.49 |
| Mar 11Tue | $974.20 | +0.44% | $31.32 | ₹12,583 | AED 115.00 |
| Mar 12Wed | $978.80 | +0.47% | $31.47 | ₹12,581 | AED 115.46 |
| Mar 13Thu | $992.30 | +1.38% | $31.90 | ₹12,801 | AED 117.07 |
| Mar 14Fri | $998.20 | +0.59% | $32.09 | ₹12,861 | AED 117.78 |
| Mar 17Mon | $1,001.40 | +0.32% | $32.20 | ₹12,999 | AED 118.17 |
| Mar 18Tue | $1,003.20 | +0.18% | $32.25 | ₹12,951 | AED 118.40 |
| Mar 19Wed | $944.70 | −5.83% | $30.37 | ₹12,190 | AED 111.51 |
| Mar 20Thu | $919.60 | −2.66% | $29.57 | ₹11,908 | AED 108.55 |
| Mar 24Mon | $918.30 | −0.14% | $29.52 | ₹11,864 | AED 108.40 |
| Mar 25Tue | $934.60 | +1.78% | $30.05 | ₹12,035 | AED 110.32 |
| Mar 26Wed | $949.00 | +1.54% | $30.51 | ₹12,222 | AED 111.98 |
| Mar 27Thu | $948.80 | −0.02% | $30.50 | ₹12,185 | AED 111.97 |
| Mar 28Fri | $930.60 | −1.92% | $29.92 | ₹11,853 | AED 109.85 |
| Mar 31Mon | $916.20 | −1.55% | $29.46 | ₹11,750 | AED 108.15 |
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%.
Gold in March 2008: FAQ
What was the price of gold in March 2008?
Gold traded between $916.20 and $1,003.20 per troy ounce (daily closes) in March 2008, averaging $962.93. It closed the month at $916.20.
How much did gold go down in March 2008?
Gold fell 5.8%, from $972.10 to $916.20. The biggest daily rise was +2.3% on March 5, 2008 and the biggest fall −5.8% on March 19, 2008.
What was the gold price on March 3, 2008?
Gold closed at $981.50 per troy ounce on March 3, 2008, the first trading day of the month. 24K India, ₹ per 10 g: ₹12,703.
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.