Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 November 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $278.30 per troy ounce on 12 November 2001, up $0.900 (0.32%) from the previous close of $277.40.
This was the strongest close of the week up to that point.
This close sat 5.11% below the highest gold close recorded up to that date, set on 2001-09-26.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $264.50, making this a +5.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $278.30 per troy ounce on 12 November 2001. That is $0.90 higher than the previous close of $277.40, a move of 0.32%.
The gold price rose on 12 November 2001, gaining $0.90 (0.32%) against the previous session's close of $277.40.
At $278.30 per troy ounce, one gram of pure gold was worth about $8.95 on 12 November 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 November 2001 18k gold was worth about $6.71 per gram and 14k about $5.22 per gram, against $8.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.7 on 12 November 2001, meaning one ounce of gold was worth roughly 67.7 ounces of silver.
It closed 5.11% below the highest close on record up to that date, which was set on 2001-09-26.