Distance from the record
This close sat 38.19% 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 4 November 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 July 2010
Gold closed at $1,167.40 per troy ounce on 4 November 2014, down $2.000 (0.17%) from the previous close of $1,169.40.
Gold had not closed this low for about 4 years. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This close sat 38.19% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 248 of 254 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,314.60, making this a -11.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,167.40 per troy ounce on 4 November 2014. That is $2.00 lower than the previous close of $1,169.40, a move of -0.17%.
The gold price fell on 4 November 2014, losing $2.00 (0.17%) against the previous session's close of $1,169.40.
At $1,167.40 per troy ounce, one gram of pure gold was worth about $37.53 on 4 November 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 November 2014 18k gold was worth about $28.15 per gram and 14k about $21.89 per gram, against $37.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.3 on 4 November 2014, meaning one ounce of gold was worth roughly 73.3 ounces of silver.
A week before 4 November 2014, gold was around $1,229.20 per troy ounce, so the close of $1,167.40 is a loss of 5.0% over the week.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 38.19% below the highest close on record up to that date, which was set on 2011-08-22.