Gold Price in March 2016
In March 2016, gold rose 0.0%, from $1,233.90 at the end of February to $1,234.20 per troy ounce on March 31, 2016. The highest close was $1,272.00 on March 10, 2016, the lowest $1,219.90 on March 28, 2016, and the average over 22 trading days was $1,244.88. Today's price is 234.8% higher than the March 2016 close.
Gold price chart, March 2016
US dollars per troy ounce · daily closeDaily Gold Prices, March 2016
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 | $1,230.30 | −0.29% | $39.56 | ₹26,984 | AED 145.25 |
| Mar 2Wed | $1,241.10 | +0.88% | $39.90 | ₹27,032 | AED 146.52 |
| Mar 3Thu | $1,257.40 | +1.31% | $40.43 | ₹27,243 | AED 148.45 |
| Mar 4Fri | $1,269.90 | +0.99% | $40.83 | ₹27,413 | AED 149.92 |
| Mar 7Mon | $1,263.20 | −0.53% | $40.61 | ₹27,182 | AED 149.13 |
| Mar 8Tue | $1,262.10 | −0.09% | $40.58 | ₹27,206 | AED 149.00 |
| Mar 9Wed | $1,256.60 | −0.44% | $40.40 | ₹27,213 | AED 148.35 |
| Mar 10Thu | $1,272.00 | +1.23% | $40.90 | ₹27,459 | AED 150.17 |
| Mar 11Fri | $1,258.70 | −1.05% | $40.47 | ₹27,239 | AED 148.60 |
| Mar 14Mon | $1,244.40 | −1.14% | $40.01 | ₹26,771 | AED 146.91 |
| Mar 15Tue | $1,230.40 | −1.13% | $39.56 | ₹26,573 | AED 145.26 |
| Mar 16Wed | $1,229.30 | −0.09% | $39.52 | ₹26,622 | AED 145.12 |
| Mar 17Thu | $1,264.50 | +2.86% | $40.65 | ₹27,169 | AED 149.28 |
| Mar 18Fri | $1,253.80 | −0.85% | $40.31 | ₹26,852 | AED 148.01 |
| Mar 21Mon | $1,243.80 | −0.80% | $39.99 | ₹26,543 | AED 146.84 |
| Mar 22Tue | $1,248.20 | +0.35% | $40.13 | ₹26,695 | AED 147.36 |
| Mar 23Wed | $1,223.70 | −1.96% | $39.34 | ₹26,267 | AED 144.46 |
| Mar 24Thu | $1,221.40 | −0.19% | $39.27 | ₹26,272 | AED 144.19 |
| Mar 28Mon | $1,219.90 | −0.12% | $39.22 | ₹26,241 | AED 144.05 |
| Mar 29Tue | $1,235.60 | +1.29% | $39.73 | ₹26,579 | AED 145.87 |
| Mar 30Wed | $1,226.90 | −0.70% | $39.45 | ₹26,179 | AED 144.84 |
| Mar 31Thu | $1,234.20 | +0.59% | $39.68 | ₹26,335 | AED 145.71 |
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 2016: FAQ
What was the price of gold in March 2016?
Gold traded between $1,219.90 and $1,272.00 per troy ounce (daily closes) in March 2016, averaging $1,244.88. It closed the month at $1,234.20.
How much did gold go up in March 2016?
Gold rose 0.0%, from $1,233.90 to $1,234.20. The biggest daily rise was +2.9% on March 17, 2016 and the biggest fall −2.0% on March 23, 2016.
What was the gold price on March 1, 2016?
Gold closed at $1,230.30 per troy ounce on March 1, 2016, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,984.
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.