Gold Price in November 2013
In November 2013, gold fell 5.5%, from $1,323.60 at the end of October to $1,250.60 per troy ounce on November 29, 2013. The highest close was $1,317.70 on November 6, 2013, the lowest $1,237.80 on November 27, 2013, and the average over 20 trading days was $1,275.11. Today's price is 221.8% higher than the November 2013 close.
- Gold fell 5.5% in US dollars in November 2013, leaving it down 25.3% for the year to date.
- Measured in other currencies, the change ranged from −7.3% in GBP to −1.5% in AUD, because exchange rates moved too.
- It did better than silver (−8.5%), and worse than US stocks (+3.0%).
- It closed higher on 8 trading days and lower on 12, with an average daily move of 0.63%.
- At the end of the month it was 33.8% below its highest close since 2000.
- Gold/silver ratio: 60.6 → 62.6.
Gold price chart, November 2013
US dollars per troy ounce · daily closeGold in other currencies, November 2013
| Currency | Change in the month |
|---|---|
| AUD | −1.5% |
| JPY | −1.9% |
| ZAR | −3.1% |
| INR | −3.8% |
| PKR | −4.3% |
| CAD | −4.6% |
| TRY | −4.6% |
| EUR | −4.7% |
| CHF | −4.9% |
| CNY | −5.5% |
| EGP | −5.6% |
| GBP | −7.3% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, November 2013
| Asset | Change (USD) |
|---|---|
| Gold | −5.5% |
| Silver | −8.5% |
| S&P 500 (with dividends) | +3.0% |
| US inflation (CPI, month) | −0.20% |
| Gold, year to date (end of November) | −25.3% |
| Gold/silver ratio | 60.6 → 62.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, November 2013
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Nov 1Fri | $1,313.10 | −0.79% | $42.22 | ₹26,268 | AED 155.02 |
| Nov 4Mon | $1,314.60 | +0.11% | $42.27 | ₹26,289 | AED 155.20 |
| Nov 5Tue | $1,308.00 | −0.50% | $42.05 | ₹26,065 | AED 154.42 |
| Nov 6Wed | $1,317.70 | +0.74% | $42.37 | ₹26,334 | AED 155.56 |
| Nov 7Thu | $1,308.40 | −0.71% | $42.07 | ₹26,279 | AED 154.50 |
| Nov 8Fri | $1,284.50 | −1.83% | $41.30 | ₹25,956 | AED 151.64 |
| Nov 11Mon | $1,281.00 | −0.27% | $41.19 | ₹26,087 | AED 151.23 |
| Nov 12Tue | $1,271.10 | −0.77% | $40.87 | ₹25,942 | AED 150.06 |
| Nov 13Wed | $1,268.30 | −0.22% | $40.78 | ₹26,081 | AED 149.73 |
| Nov 14Thu | $1,286.20 | +1.41% | $41.35 | ₹26,205 | AED 151.85 |
| Nov 15Fri | $1,287.30 | +0.09% | $41.39 | ₹26,091 | AED 151.98 |
| Nov 18Mon | $1,272.20 | −1.17% | $40.90 | ₹25,650 | AED 150.19 |
| Nov 19Tue | $1,273.40 | +0.09% | $40.94 | ₹25,465 | AED 150.33 |
| Nov 20Wed | $1,257.90 | −1.22% | $40.44 | ₹25,119 | AED 148.50 |
| Nov 21Thu | $1,243.50 | −1.14% | $39.98 | ₹25,091 | AED 146.84 |
| Nov 22Fri | $1,244.00 | +0.04% | $40.00 | ₹25,193 | AED 146.86 |
| Nov 25Mon | $1,241.10 | −0.23% | $39.90 | ₹24,835 | AED 146.52 |
| Nov 26Tue | $1,241.40 | +0.02% | $39.91 | ₹24,946 | AED 146.56 |
| Nov 27Wed | $1,237.80 | −0.29% | $39.80 | ₹24,857 | AED 146.14 |
| Nov 29Fri | $1,250.60 | +1.03% | $40.21 | ₹25,095 | AED 147.64 |
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 2013: FAQ
What was the price of gold in November 2013?
Gold traded between $1,237.80 and $1,317.70 per troy ounce (daily closes) in November 2013, averaging $1,275.11. It closed the month at $1,250.60.
How much did gold go down in November 2013?
Gold fell 5.5%, from $1,323.60 to $1,250.60. The biggest daily rise was +1.4% on November 14, 2013 and the biggest fall −1.8% on November 8, 2013.
What was the gold price on November 1, 2013?
Gold closed at $1,313.10 per troy ounce on November 1, 2013, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,268.
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.
How much did gold change in rupees in November 2013?
Gold fell 3.8% in Indian rupee terms in November 2013, compared with −5.5% in US dollars.
Did gold beat stocks in November 2013?
No. Gold was −5.5% for the month, against +3.0% for the S&P 500 with dividends.
Did gold keep up with inflation in November 2013?
US consumer prices (CPI) changed −0.20% in November, so gold's real (inflation-adjusted) change was about −5.3%.