Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 7 November 2001, not the current price.See today's gold price (11 September 2026)
Highest closing price since 17 October 2001
Gold closed at $281.00 per troy ounce on 7 November 2001, up $1.300 (0.46%) from the previous close of $279.70.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 4.19% 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 $264.30, making this a +6.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $281.00 per troy ounce on 7 November 2001. That is $1.30 higher than the previous close of $279.70, a move of 0.46%.
The gold price rose on 7 November 2001, gaining $1.30 (0.46%) against the previous session's close of $279.70.
At $281.00 per troy ounce, one gram of pure gold was worth about $9.03 on 7 November 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2001 18k gold was worth about $6.78 per gram and 14k about $5.27 per gram, against $9.03 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.2 on 7 November 2001, meaning one ounce of gold was worth roughly 68.2 ounces of silver.
It closed 4.19% below the highest close on record up to that date, which was set on 2001-09-26.