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 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 21 September 2011
Gold closed at $1,790.30 per troy ounce on 7 November 2011, up $35.00 (1.99%) from the previous close of $1,755.30.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 5.21% 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 $1,397.30, making this a +28.13% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,790.30 per troy ounce on 7 November 2011. That is $35.00 higher than the previous close of $1,755.30, a move of 1.99%.
The gold price rose on 7 November 2011, gaining $35.00 (1.99%) against the previous session's close of $1,755.30.
At $1,790.30 per troy ounce, one gram of pure gold was worth about $57.56 on 7 November 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2011 18k gold was worth about $43.17 per gram and 14k about $33.58 per gram, against $57.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.4 on 7 November 2011, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A week before 7 November 2011, gold was around $1,724.20 per troy ounce, so the close of $1,790.30 is a gain of 3.8% over the week.
A month before 7 November 2011, gold was around $1,634.50 per troy ounce, so the close of $1,790.30 is a gain of 9.5% over the month.
A year before 7 November 2011, gold was around $1,397.30 per troy ounce. The close of $1,790.30 therefore represents a rise of 28.1% over twelve months.
It closed 5.21% below the highest close on record up to that date, which was set on 2011-08-22.