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 8 November 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 21 September 2011
Gold closed at $1,798.40 per troy ounce on 8 November 2011, up $8.100 (0.45%) from the previous close of $1,790.30.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 4.78% 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 $1,402.80, making this a +28.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,798.40 per troy ounce on 8 November 2011. That is $8.10 higher than the previous close of $1,790.30, a move of 0.45%.
The gold price rose on 8 November 2011, gaining $8.10 (0.45%) against the previous session's close of $1,790.30.
At $1,798.40 per troy ounce, one gram of pure gold was worth about $57.82 on 8 November 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 November 2011 18k gold was worth about $43.36 per gram and 14k about $33.73 per gram, against $57.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.2 on 8 November 2011, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A week before 8 November 2011, gold was around $1,745.50 per troy ounce, so the close of $1,798.40 is a gain of 3.0% over the week.
A month before 8 November 2011, gold was around $1,634.50 per troy ounce, so the close of $1,798.40 is a gain of 10.0% over the month.
A year before 8 November 2011, gold was around $1,402.80 per troy ounce. The close of $1,798.40 therefore represents a rise of 28.2% over twelve months.
It closed 4.78% below the highest close on record up to that date, which was set on 2011-08-22.