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Gold Price in November 2004

In November 2004, gold rose 5.3%, from $428.50 at the end of October to $451.30 per troy ounce on November 30, 2004. The highest close was $453.70 on November 29, 2004, the lowest $420.00 on November 2, 2004, and the average over 20 trading days was $438.66. Today's price is 815.7% higher than the November 2004 close.

End of October
$428.50
Month-end close
$451.30
Nov 30
Change
+5.3%
High
$453.70
Nov 29
Low
$420.00
Nov 2
Average
$438.66
20 trading days

Gold price chart, November 2004

US dollars per troy ounce · daily close
$417$437$456Oct 29Nov 3Nov 9Nov 12Nov 17Nov 23Nov 30

Daily Gold Prices, November 2004

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Nov 1Mon$427.30−0.28% $13.74 ₹6,226AED 50.44
Nov 2Tue$420.00−1.71% $13.50 ₹6,129AED 49.58
Nov 3Wed$424.60+1.10% $13.65 ₹6,175AED 50.13
Nov 4Thu$430.10+1.30% $13.83 ₹6,233AED 50.77
Nov 5Fri$433.60+0.81% $13.94 ₹6,266AED 51.18
Nov 8Mon$432.70−0.21% $13.91 ₹6,274AED 51.08
Nov 9Tue$435.70+0.69% $14.01 ₹6,314AED 51.43
Nov 10Wed$434.00−0.39% $13.95 ₹6,287AED 51.23
Nov 11Thu$434.90+0.21% $13.98 ₹6,302AED 51.33
Nov 12Fri$437.90+0.69% $14.08 ₹6,340AED 51.69
Nov 15Mon$437.00−0.21% $14.05 ₹6,319AED 51.58
Nov 16Tue$440.20+0.73% $14.15 ₹6,367AED 51.96
Nov 17Wed$444.80+1.04% $14.30 ₹6,415AED 52.51
Nov 18Thu$442.60−0.49% $14.23 ₹6,396AED 52.25
Nov 19Fri$446.80+0.95% $14.36 ₹6,456AED 52.74
Nov 22Mon$448.80+0.45% $14.43 ₹6,482AED 52.99
Nov 23Tue$447.80−0.22% $14.40 ₹6,472AED 52.87
Nov 24Wed$449.30+0.33% $14.45 ₹6,495AED 53.04
Nov 29Mon$453.70+0.98% $14.59 ₹6,522AED 53.56
Nov 30Tue$451.30−0.53% $14.51 ₹6,447AED 53.27
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How November usually goes for gold

In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%.

Gold in November 2004: FAQ

What was the price of gold in November 2004?

Gold traded between $420.00 and $453.70 per troy ounce (daily closes) in November 2004, averaging $438.66. It closed the month at $451.30.

How much did gold go up in November 2004?

Gold rose 5.3%, from $428.50 to $451.30. The biggest daily rise was +1.3% on November 4, 2004 and the biggest fall −1.7% on November 2, 2004.

What was the gold price on November 1, 2004?

Gold closed at $427.30 per troy ounce on November 1, 2004, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,226.

Is November usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%. Past seasonal patterns are not a reliable guide to any single year.