2016

Gold Price in March 2016

March 2016 gold price record: every LBMA AM/PM fix, monthly high, low, average XAU/USD, and the catalysts behind each major move. Real-time data + macro context from 40+ news sources.

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Quick Answer

This page covers XAU/USD for March 2016: daily LBMA AM/PM fixes, monthly high, low, and average, and the macro events that drove significant moves. One troy ounce = 31.1035 g. Source: LBMA via Swissquote ECN.

March 2016
Source: LBMA AM/PM fix via Swissquote ECN · updated
At a glance

Key Facts

Period
March 2016
Price basis
XAU/USD per troy ounce (LBMA fix)
Data source
LBMA AM/PM benchmark
Coverage
1–31 March 2016
Refresh cadence
Daily
Last refresh
2026-06-01
Overview

What this means

Monthly gold price data provides higher-resolution analysis than annual data — showing how a single Fed meeting, CPI print, or geopolitical event translated into specific price moves. The March 2016 LBMA data covers every business day from the 1st to the last trading day of the month.

Gold prices within a month are driven by scheduled macro events (central bank meetings, CPI releases, non-farm payrolls) and unscheduled events (geopolitical shocks, bank failures). Monthly analysis reveals which events were already priced in and which produced genuine surprises.

Goldetect's March 2016 record pairs the LBMA daily benchmark with macro headlines classified in real time by Gemini AI. Use the year overview (2016) for the full-cycle picture, or the central bank cluster to trace the policy decisions that drove each move.

Daily LBMA data. The LBMA publishes AM (10:30 GMT) and PM (15:00 GMT) fixes every London business day. Monthly high = highest PM fix in March 2016; monthly low = lowest PM fix. Monthly average = arithmetic mean of all PM fixes in the month.

Intra-month volatility. Gold's average true range (ATR) is $15–40/oz in normal markets, $50–100+/oz during major macro events. A one-month window in March 2016 typically contains 2–5 significant price moves worth cataloguing.

Context within the year. Monthly data is most useful read against the annual trend. A month where gold fell 3% looks different if the annual trend is +20% (profit-taking) versus −10% (continuation). The annual page for 2016 provides this broader context.

Common questions

Frequently Asked Questions

  • What was the gold price in March 2016?
    Gold in March 2016 is tracked via daily LBMA AM/PM fixes (XAU/USD per troy ounce). Goldetect aggregates the monthly high, low, and average from the official benchmark series and contextualizes each major move with macro headlines from the same period.
  • What events moved gold in March 2016?
    Major monthly drivers include Fed decisions, US CPI/PCE releases, non-farm payrolls, geopolitical events, and central bank purchase announcements. The detail section and related 2016 pages cover the specific catalysts that produced the largest single-day and weekly moves.
  • How does March 2016 compare to other months?
    March has a seasonal pattern: stronger in Q1 (Chinese New Year) and Q4 (Diwali, Christmas), weaker in the northern summer. March 2016 can be benchmarked against the same month in prior years to isolate seasonal effects from fundamental price drivers.
  • Where can I find historical gold price data?
    The LBMA publishes historical AM and PM benchmark data from 1968. FRED (stlouisfed.org, series GOLDAMGBD228NLBM) covers 1968+. For 1945–1967, the Bretton Woods fixed price of $35/oz applies. Goldetect's historical pages aggregate this data in a user-friendly format.
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Published ; last updated .
Authored by the Goldetect Market Desk; editorial standards reviewed by the editorial board. See methodology for data sources and computation.
Data sources: LBMA AM/PM fix via Swissquote ECN · Swissquote interbank FX feed · FED/ECB/TCMB official rate releases · 40+ curated RSS feeds classified by Gemini 2.5 Flash