Gold price in November 2004: daily prices, high, low and change
Gold closed November 2004 at $451.30 an ounce, up 5.32% on the month. The highest close was $453.70 on 29 Nov and the lowest $420.00 on 2 Nov. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, November 2004 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2004 close ($428.50).
Daily gold prices in November 2004 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 1 Nov | — | — | — | $427.30 | −$1.20 | −0.28% |
| Tue 2 Nov worst day | — | — | — | $420.00 | −$7.30 | −1.71% |
| Wed 3 Nov | — | — | — | $424.60 | +$4.60 | +1.10% |
| Thu 4 Nov best day | — | — | — | $430.10 | +$5.50 | +1.30% |
| Fri 5 Nov | — | — | — | $433.60 | +$3.50 | +0.81% |
| Mon 8 Nov | — | — | — | $432.70 | −$0.90 | −0.21% |
| Tue 9 Nov | — | — | — | $435.70 | +$3.00 | +0.69% |
| Wed 10 Nov | — | — | — | $434.00 | −$1.70 | −0.39% |
| Thu 11 Nov | — | — | — | $434.90 | +$0.90 | +0.21% |
| Fri 12 Nov | — | — | — | $437.90 | +$3.00 | +0.69% |
| Mon 15 Nov | — | — | — | $437.00 | −$0.90 | −0.21% |
| Tue 16 Nov | — | — | — | $440.20 | +$3.20 | +0.73% |
| Wed 17 Nov | — | — | — | $444.80 | +$4.60 | +1.04% |
| Thu 18 Nov | — | — | — | $442.60 | −$2.20 | −0.49% |
| Fri 19 Nov | — | — | — | $446.80 | +$4.20 | +0.95% |
| Mon 22 Nov | — | — | — | $448.80 | +$2.00 | +0.45% |
| Tue 23 Nov | — | — | — | $447.80 | −$1.00 | −0.22% |
| Wed 24 Nov | — | — | — | $449.30 | +$1.50 | +0.33% |
| Mon 29 Nov | $450.80 | $454.80 | $449.30 | $453.70 | +$4.40 | +0.98% |
| Tue 30 Nov | $453.80 | $454.10 | $448.30 | $451.30 | −$2.40 | −0.53% |
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 18 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 2004 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $427.30 | $453.70 | $420.00 | $451.30 | +5.32% |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2004 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 2004: summary
Gold climbed 5.32% in November 2004, closing the month at $451.30 an ounce against $428.50 at the end of October 2004. Gold closed higher on 12 of 20 trading days and lower on 8; the strongest session was 4 November 2004 (+1.30%) and the weakest 2 November 2004 (−1.71%). Settlement prices ranged from $420.00 on 2 November 2004 to $453.70 on 29 November 2004, a spread of $33.70 (7.9%), wider than the 5.8% average of the previous 12 months.
It was gold's 4th monthly gain in a row.
How November 2004 compares
- Against other Novembers: at +5.32%, November 2004 ranks 7th of 26 Novembers since 2000 (best first).
- Against every month: it ranks 60th of 313 months since September 2000, better than 81% of them.
- Range: the gap between the highest and lowest close was $33.70, or 7.9% of the opening level, 1.4× the 5.8% average of the previous 12 months.
- Daily moves: the average day moved 0.67% (up or down), against 0.78% over the previous 12 months, so November 2004 was about as volatile as usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +8.56% for 2004 to the end of November and +13.73% over 12 months (against the November 2003 close of $396.80).
- Average price: the mean of the 20 daily closes was $438.66; the World Bank's monthly average of the London (LBMA) price was $439.00.
Across the other 25 completed Novembers since 2000, gold averaged +1.17% and rose in 14 of them (56%). November 2004 beat that average by 4.1 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 2004 in today's dollars
Adjusted for US consumer-price inflation, the $451.30 closing price equals about $792 in September 2026 dollars (CPI 191.7 in November 2004 against 336.3 in September 2026, FRED series CPIAUCSL), 75% 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 2004
The gold price in 2004 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 2004?
Gold closed November 2004 at $451.30 an ounce (COMEX settlement). It opened the month at $427.30 and averaged $438.66 across 20 trading days; the World Bank’s London average for the month was $439.00.
Did gold go up in November 2004?
Yes. Gold was up 5.32% in November 2004, from $428.50 at the end of October 2004 to $451.30. It closed higher on 12 of 20 days. Among Novembers since 2000 it ranks 7th of 26 (best first).
What was the highest gold price in November 2004?
The highest close was $453.70 on 29 November 2004.
What was the lowest gold price in November 2004?
The lowest close was $420.00 on 2 November 2004, $33.70 (7.9%) 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.