The average price of gold rises again this Wednesday, with a cost of 143.67 euros per gram of 24 carats on March 11, which means a small increase of 0.88%, compared to the 142.41 euros of last Wednesday, March 4. This means that a gram of 24-karat gold is paid 1.26 euros more today than last Wednesday. You can check the price of gold live through the specialized international portal Exchange-Rates.
After lowering prices in early and mid-February, the cost of gold rose again at the end of February and in the first weeks of March, reaching historical highs again and continuing the upward trend that began especially in September 2025. Conflicts such as the capture of Maduro by Trump or, now more recently, the war in Iran, keep this safe haven value alive.
The price of gold today per gram, ounce and kilogram
Gold does not stop changing its price, showing fluctuations in its value practically every minute, just as happens with other investments. These were the movements recorded by the spot price of gold this Wednesday, March 11, before 9 in the morning:
- Price of 24 carat gold per gram: 143.67 euros, with a drop of 0.19353 euros compared to the previous day.
- Price of 24-karat gold per ounce: 4,468.59 euros, with a drop of 6.0194 euros compared to the previous day
- Price of 24-karat gold per kilogram: 143,669 euros, with a drop of 193.53 euros compared to the previous day.
Although the price of gold rises compared to Wednesday of last week, it has reflected a small decrease compared to yesterday, when the precious metal cost more than today.
How the conflict in the Middle East affects the price of gold
The conflict in the Middle East, with the military escalation between the United States, Israel and Iran as the protagonist, has caused a strong reaction in international financial markets. And not only in oil. In this context of geopolitical uncertainty, many investors have sought assets considered safe havens, such as gold, which has boosted its demand and price during the first days of March 2026. In fact, the precious metal surpassed $5,390 per ounce in some sessions after tensions intensified in the region.
This behavior responds to a common pattern in the markets: when the risk of international conflicts or crises increases, capital usually moves from more volatile assets to safer ones. Gold is one of the main historical refuges because it maintains its value in times of economic or political instability. Therefore, the worsening of the conflict has driven greater demand for the metal and has favored increases in its price in global markets.
As of today, March 11, the price of gold continues to move at high levels, around $5,200 per ounce, although with some volatility due to the evolution of the conflict and factors such as the dollar or global economic expectations. Analysts note that the duration and intensity of the war will be key in determining whether the metal continues to rise or if the market stabilizes in the coming weeks.