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Gold Price in November 2016

In November 2016, gold fell 7.9%, from $1,271.50 at the end of October to $1,170.80 per troy ounce on November 30, 2016. The highest close was $1,306.80 on November 2, 2016, the lowest $1,170.80 on November 30, 2016, and the average over 20 trading days was $1,235.96. Today's price is 252.9% higher than the November 2016 close.

End of October
$1,271.50
Month-end close
$1,170.80
Nov 30
Change
−7.9%
High
$1,306.80
Nov 2
Low
$1,170.80
Nov 30
Average
$1,235.96
20 trading days

Gold price chart, November 2016

US dollars per troy ounce · daily close
$1,160$1,239$1,318Oct 31Nov 3Nov 9Nov 15Nov 18Nov 25Nov 30

Daily Gold Prices, November 2016

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 1Tue$1,286.40+1.17% $41.36 ₹27,572AED 151.87
Nov 2Wed$1,306.80+1.59% $42.01 ₹28,015AED 154.28
Nov 3Thu$1,302.10−0.36% $41.86 ₹27,955AED 153.72
Nov 4Fri$1,303.30+0.09% $41.90 ₹27,942AED 153.86
Nov 7Mon$1,278.30−1.92% $41.10 ₹27,448AED 150.95
Nov 8Tue$1,273.40−0.38% $40.94 ₹27,322AED 150.33
Nov 9Wed$1,272.60−0.06% $40.92 ₹27,098AED 150.24
Nov 10Thu$1,265.50−0.56% $40.69 ₹27,060AED 149.40
Nov 14Mon$1,221.20−3.50% $39.26 ₹26,521AED 144.18
Nov 15Tue$1,224.00+0.23% $39.35 ₹26,671AED 144.51
Nov 16Wed$1,223.40−0.05% $39.33 ₹26,647AED 144.44
Nov 17Thu$1,216.50−0.56% $39.11 ₹26,589AED 143.62
Nov 18Fri$1,208.50−0.66% $38.85 ₹26,411AED 142.67
Nov 21Mon$1,209.60+0.09% $38.89 ₹26,511AED 142.80
Nov 22Tue$1,211.00+0.12% $38.93 ₹26,559AED 142.97
Nov 23Wed$1,189.10−1.81% $38.23 ₹26,144AED 140.39
Nov 25Fri$1,178.20−0.92% $37.88 ₹26,041AED 139.13
Nov 28Mon$1,190.60+1.05% $38.28 ₹26,224AED 140.56
Nov 29Tue$1,187.90−0.23% $38.19 ₹26,183AED 140.24
Nov 30Wed$1,170.80−1.44% $37.64 ₹25,825AED 138.22
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 2016: FAQ

What was the price of gold in November 2016?

Gold traded between $1,170.80 and $1,306.80 per troy ounce (daily closes) in November 2016, averaging $1,235.96. It closed the month at $1,170.80.

How much did gold go down in November 2016?

Gold fell 7.9%, from $1,271.50 to $1,170.80. The biggest daily rise was +1.6% on November 2, 2016 and the biggest fall −3.5% on November 14, 2016.

What was the gold price on November 1, 2016?

Gold closed at $1,286.40 per troy ounce on November 1, 2016, the first trading day of the month. 24K India, ₹ per 10 g: ₹27,572.

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.