Distance from the record
This close sat 8.55% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 29 November 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,727.20 per troy ounce on 29 November 2012, up $10.70 (0.62%) from the previous close of $1,716.50.
This close sat 8.55% 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 $1,713.40, making this a +0.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,727.20 per troy ounce on 29 November 2012. That is $10.70 higher than the previous close of $1,716.50, a move of 0.62%.
The gold price rose on 29 November 2012, gaining $10.70 (0.62%) against the previous session's close of $1,716.50.
At $1,727.20 per troy ounce, one gram of pure gold was worth about $55.53 on 29 November 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 November 2012 18k gold was worth about $41.65 per gram and 14k about $32.39 per gram, against $55.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 50.3 on 29 November 2012, meaning one ounce of gold was worth roughly 50.3 ounces of silver.
It closed 8.55% below the highest close on record up to that date, which was set on 2011-08-22.