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Gold Price in March 2023

In March 2023, gold rose 7.2%, from $1,836.70 at the end of February to $1,969.00 per troy ounce on March 31, 2023. The highest close was $1,995.90 on March 23, 2023, the lowest $1,818.60 on March 8, 2023, and the average over 23 trading days was $1,916.84. Today's price is 109.8% higher than the March 2023 close.

End of February
$1,836.70
Month-end close
$1,969.00
Mar 31
Change
+7.2%
High
$1,995.90
Mar 23
Low
$1,818.60
Mar 8
Average
$1,916.84
23 trading days

Gold price chart, March 2023

US dollars per troy ounce · daily close
$1,804$1,907$2,010Feb 28Mar 6Mar 10Mar 16Mar 21Mar 27Mar 31

Daily Gold Prices, March 2023

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Mar 1Wed$1,845.40+0.47% $59.33 ₹49,028AED 217.87
Mar 2Thu$1,840.50−0.27% $59.17 ₹48,771AED 217.29
Mar 3Fri$1,854.60+0.77% $59.63 ₹49,106AED 218.96
Mar 6Mon$1,854.600.00% $59.63 ₹48,723AED 218.98
Mar 7Tue$1,820.00−1.87% $58.51 ₹47,897AED 214.87
Mar 8Wed$1,818.60−0.08% $58.47 ₹47,988AED 214.71
Mar 9Thu$1,834.60+0.88% $58.98 ₹48,346AED 216.59
Mar 10Fri$1,867.20+1.78% $60.03 ₹49,237AED 220.44
Mar 13Mon$1,916.50+2.64% $61.62 ₹50,500AED 226.27
Mar 14Tue$1,910.90−0.29% $61.44 ₹50,635AED 225.60
Mar 15Wed$1,931.30+1.07% $62.09 ₹51,105AED 228.00
Mar 16Thu$1,923.00−0.43% $61.83 ₹51,140AED 227.02
Mar 17Fri$1,973.50+2.63% $63.45 ₹52,424AED 232.97
Mar 20Mon$1,982.80+0.47% $63.75 ₹52,614AED 234.09
Mar 21Tue$1,941.10−2.10% $62.41 ₹51,505AED 229.15
Mar 22Wed$1,949.60+0.44% $62.68 ₹51,823AED 230.16
Mar 23Thu$1,995.90+2.37% $64.17 ₹52,957AED 235.62
Mar 24Fri$1,983.80−0.61% $63.78 ₹52,469AED 234.17
Mar 27Mon$1,953.80−1.51% $62.82 ₹51,722AED 230.65
Mar 28Tue$1,973.50+1.01% $63.45 ₹52,165AED 232.96
Mar 29Wed$1,966.90−0.33% $63.24 ₹51,958AED 232.20
Mar 30Thu$1,980.30+0.68% $63.67 ₹52,370AED 233.76
Mar 31Fri$1,969.00−0.57% $63.30 ₹51,974AED 232.45
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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 2023: FAQ

What was the price of gold in March 2023?

Gold traded between $1,818.60 and $1,995.90 per troy ounce (daily closes) in March 2023, averaging $1,916.84. It closed the month at $1,969.00.

How much did gold go up in March 2023?

Gold rose 7.2%, from $1,836.70 to $1,969.00. The biggest daily rise was +2.6% on March 13, 2023 and the biggest fall −2.1% on March 21, 2023.

What was the gold price on March 1, 2023?

Gold closed at $1,845.40 per troy ounce on March 1, 2023, the first trading day of the month. 24K India, ₹ per 10 g: ₹49,028.

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.