Gold price by month

Gold price in November 2001: daily prices, high, low and change

Gold closed November 2001 at $273.90 an ounce, down 2.00% on the month. The highest close was $281.00 on 7 Nov and the lowest $272.30 on 26 Nov. Every trading day below, with ranks and context computed from COMEX data.

Month close$273.9030 November 2001
Monthly change−2.0%vs $279.50 at the end of October 2001
Highest close$281.007 November 2001
Lowest close$272.3026 November 2001

Gold price chart, November 2001 (daily close and high-low range, US$ per ounce)

$272$274$276$278$280157913151921272930high close $281.00low close $272.30
$275$2801713192730$281.00$272.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2001 close ($279.50).

Daily gold prices in November 2001 (20 trading days)

Daily gold prices, November 2001
DateOpenHighLowCloseChange% change
Thu 1 Nov———$279.70+$0.20+0.07%
Fri 2 Nov———$279.80+$0.10+0.04%
Mon 5 Nov———$278.50−$1.30−0.46%
Tue 6 Nov———$279.70+$1.20+0.43%
Wed 7 Nov best day$280.50$281.00$280.50$281.00+$1.30+0.46%
Thu 8 Nov worst day$278.00$278.00$276.80$276.80−$4.20−1.49%
Fri 9 Nov$277.20$277.40$277.20$277.40+$0.60+0.22%
Mon 12 Nov———$278.30+$0.90+0.32%
Tue 13 Nov———$277.80−$0.50−0.18%
Wed 14 Nov———$277.80$0.000.00%
Thu 15 Nov———$275.10−$2.70−0.97%
Fri 16 Nov———$274.70−$0.40−0.15%
Mon 19 Nov———$272.70−$2.00−0.73%
Tue 20 Nov———$273.00+$0.30+0.11%
Wed 21 Nov———$272.90−$0.10−0.04%
Mon 26 Nov———$272.30−$0.60−0.22%
Tue 27 Nov———$273.20+$0.90+0.33%
Wed 28 Nov———$274.10+$0.90+0.33%
Thu 29 Nov$274.10$275.40$273.00$273.50−$0.60−0.22%
Fri 30 Nov$273.20$275.50$272.60$273.90+$0.40+0.15%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 15 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).

Monthly open, high, low and close

November 2001OpenHighLowCloseChange
Settlements$279.70$281.00$272.30$273.90−2.00%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2001 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in November 2001: summary

Gold fell 2.00% in November 2001, finishing at $273.90 an ounce against $279.50 at the end of October 2001. Gold closed higher on 10 of 20 trading days and lower on 9; the strongest session was 7 November 2001 (+0.46%) and the weakest 8 November 2001 (−1.49%). Settlement prices ranged from $272.30 on 26 November 2001 to $281.00 on 7 November 2001, a spread of $8.70 (3.1%), narrower than the 4.5% average of the previous 12 months.

How November 2001 compares

  • Against other Novembers: at −2.00%, November 2001 ranks 20th of 26 Novembers since 2000 (best first).
  • Against every month: it ranks 237th of 313 months since September 2000, better than 24% of them.
  • Range: the gap between the highest and lowest close was $8.70, or 3.1% of the opening level, 0.7× the 4.5% average of the previous 12 months.
  • Daily moves: the average day moved 0.35% (up or down), against 0.61% over the previous 12 months, so November 2001 was calmer than usual.
  • Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was +0.70% for 2001 to the end of November and +1.41% over 12 months (against the November 2000 close of $270.10).
  • Average price: the mean of the 20 daily closes was $276.11; the World Bank's monthly average of the London (LBMA) price was $276.00.

Across the other 25 completed Novembers since 2000, gold averaged +1.47% and rose in 15 of them (60%). November 2001 lagged that average by 3.5 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Novembers side by side.

November 2001 in today's dollars

Adjusted for US consumer-price inflation, the $273.90 closing price equals about $519 in September 2026 dollars (CPI 177.5 in November 2001 against 336.3 in September 2026, FRED series CPIAUCSL), 89% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2001

The gold price in 2001 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in November 2001?

Gold closed November 2001 at $273.90 an ounce (COMEX settlement). It opened the month at $279.70 and averaged $276.11 across 20 trading days; the World Bank’s London average for the month was $276.00.

Did gold go up in November 2001?

No. Gold was down 2.00% in November 2001, from $279.50 at the end of October 2001 to $273.90. It closed higher on 10 of 20 days. Among Novembers since 2000 it ranks 20th of 26 (best first).

What was the highest gold price in November 2001?

The highest close was $281.00 on 7 November 2001.

What was the lowest gold price in November 2001?

The lowest close was $272.30 on 26 November 2001, $8.70 (3.1%) below the month’s highest close.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.