Distance from the record
This close sat 5.36% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 11 November 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,787.50 per troy ounce on 11 November 2011, up $28.60 (1.63%) from the previous close of $1,758.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 5.36% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,403.10, making this a +27.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,787.50 per troy ounce on 11 November 2011. That is $28.60 higher than the previous close of $1,758.90, a move of 1.63%.
The gold price rose on 11 November 2011, gaining $28.60 (1.63%) against the previous session's close of $1,758.90.
At $1,787.50 per troy ounce, one gram of pure gold was worth about $57.47 on 11 November 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 November 2011 18k gold was worth about $43.10 per gram and 14k about $33.52 per gram, against $57.47 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.6 on 11 November 2011, meaning one ounce of gold was worth roughly 51.6 ounces of silver.
A month before 11 November 2011, gold was around $1,659.70 per troy ounce, so the close of $1,787.50 is a gain of 7.7% over the month.
A year before 11 November 2011, gold was around $1,403.10 per troy ounce. The close of $1,787.50 therefore represents a rise of 27.4% over twelve months.
It closed 5.36% below the highest close on record up to that date, which was set on 2011-08-22.