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 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,169.60 per troy ounce on 7 November 2014, up $27.30 (2.39%) from the previous close of $1,142.30.
This was a 2.39% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
This close sat 38.07% 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 246 of 254 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,308.40, making this a -10.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,169.60 per troy ounce on 7 November 2014. That is $27.30 higher than the previous close of $1,142.30, a move of 2.39%.
The gold price rose on 7 November 2014, gaining $27.30 (2.39%) against the previous session's close of $1,142.30.
At $1,169.60 per troy ounce, one gram of pure gold was worth about $37.60 on 7 November 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2014 18k gold was worth about $28.20 per gram and 14k about $21.94 per gram, against $37.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.5 on 7 November 2014, meaning one ounce of gold was worth roughly 74.5 ounces of silver.
It closed 38.07% below the highest close on record up to that date, which was set on 2011-08-22.