Distance from the record
This close sat 9.30% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 11 November 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,860.70 per troy ounce on 11 November 2020, down $14.70 (0.78%) from the previous close of $1,875.40.
This close sat 9.30% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,455.50, making this a +27.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,860.70 per troy ounce on 11 November 2020. That is $14.70 lower than the previous close of $1,875.40, a move of -0.78%.
The gold price fell on 11 November 2020, losing $14.70 (0.78%) against the previous session's close of $1,875.40.
At $1,860.70 per troy ounce, one gram of pure gold was worth about $59.82 on 11 November 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 November 2020 18k gold was worth about $44.87 per gram and 14k about $34.90 per gram, against $59.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.7 on 11 November 2020, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A year before 11 November 2020, gold was around $1,455.50 per troy ounce. The close of $1,860.70 therefore represents a rise of 27.8% over twelve months.
It closed 9.30% below the highest close on record up to that date, which was set on 2020-08-06.