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 16 November 2000, not the current price.See today's gold price (11 September 2026)
Gold closed at $265.80 per troy ounce on 16 November 2000, up $0.700 (0.26%) from the previous close of $265.10.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 4.53% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $265.80 per troy ounce on 16 November 2000. That is $0.70 higher than the previous close of $265.10, a move of 0.26%.
The gold price rose on 16 November 2000, gaining $0.70 (0.26%) against the previous session's close of $265.10.
At $265.80 per troy ounce, one gram of pure gold was worth about $8.55 on 16 November 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 November 2000 18k gold was worth about $6.41 per gram and 14k about $4.98 per gram, against $8.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.0 on 16 November 2000, meaning one ounce of gold was worth roughly 57.0 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.53% below the highest close on record up to that date, which was set on 2000-09-27.