Distance from the record
This close sat 30.72% 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 7 November 2013, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,308.40 per troy ounce on 7 November 2013, down $9.300 (0.71%) from the previous close of $1,317.70.
This close sat 30.72% 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 $1,713.20, making this a -23.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,308.40 per troy ounce on 7 November 2013. That is $9.30 lower than the previous close of $1,317.70, a move of -0.71%.
The gold price fell on 7 November 2013, losing $9.30 (0.71%) against the previous session's close of $1,317.70.
At $1,308.40 per troy ounce, one gram of pure gold was worth about $42.07 on 7 November 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2013 18k gold was worth about $31.55 per gram and 14k about $24.54 per gram, against $42.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.5 on 7 November 2013, meaning one ounce of gold was worth roughly 60.5 ounces of silver.
A year before 7 November 2013, gold was around $1,713.20 per troy ounce. The close of $1,308.40 therefore represents a fall of 23.6% over twelve months.
It closed 30.72% below the highest close on record up to that date, which was set on 2011-08-22.