Gold price by month

Gold price in November 2007: daily prices, high, low and change

Gold closed November 2007 at $782.20 an ounce, down 1.24% on the month. The highest close was $835.20 on 8 Nov and the lowest $776.80 on 19 Nov. Every trading day below, with ranks and context computed from COMEX data.

Month close$782.2030 November 2007
Monthly change−1.2%vs $792.00 at the end of October 2007
Highest close$835.208 November 2007
Lowest close$776.8019 November 2007

Gold price chart, November 2007 (daily close and high-low range, US$ per ounce)

$780$800$820$8401691419232830high close $835.20low close $776.80
$780$800$820$8401713192630$835.20$776.80

Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2007 close ($792.00).

Daily gold prices in November 2007 (21 trading days)

Daily gold prices, November 2007
DateOpenHighLowCloseChange% change
Thu 1 Nov$785.30$791.30$785.30$790.70−$1.30−0.16%
Fri 2 Nov$794.10$806.50$794.10$805.70+$15.00+1.90%
Mon 5 Nov———$808.10+$2.40+0.30%
Tue 6 Nov———$820.80+$12.70+1.57%
Wed 7 Nov$830.00$831.20$830.00$831.00+$10.20+1.24%
Thu 8 Nov$829.80$841.30$829.80$835.20+$4.20+0.51%
Fri 9 Nov$835.70$835.80$831.70$832.50−$2.70−0.32%
Mon 12 Nov———$805.80−$26.70−3.21%
Tue 13 Nov———$797.20−$8.60−1.07%
Wed 14 Nov———$813.00+$15.80+1.98%
Thu 15 Nov worst day———$785.90−$27.10−3.33%
Fri 16 Nov———$785.70−$0.20−0.03%
Mon 19 Nov———$776.80−$8.90−1.13%
Tue 20 Nov———$790.30+$13.50+1.74%
Wed 21 Nov———$797.60+$7.30+0.92%
Fri 23 Nov best day———$824.00+$26.40+3.31%
Mon 26 Nov———$826.00+$2.00+0.24%
Tue 27 Nov$823.20$824.80$812.50$813.70−$12.30−1.49%
Wed 28 Nov———$800.10−$13.60−1.67%
Thu 29 Nov$804.00$807.80$791.90$795.30−$4.80−0.60%
Fri 30 Nov$795.00$798.60$778.40$782.20−$13.10−1.65%

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 13 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 2007OpenHighLowCloseChange
Settlements$790.70$835.20$776.80$782.20−1.24%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2007 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 2007: summary

Gold eased 1.24% in November 2007, from $792.00 at the end of October 2007 to $782.20 an ounce. Settlement prices ranged from $776.80 on 19 November 2007 to $835.20 on 8 November 2007, a spread of $58.40 (7.4%), wider than the 5.7% average of the previous 12 months. Gold closed higher on 10 of 21 trading days and lower on 11; the strongest session was 23 November 2007 (+3.31%) and the weakest 15 November 2007 (−3.33%).

It ended a run of 4 straight monthly gains. The −3.33% move on 15 November 2007 was the largest one-day fall of 2007.

How November 2007 compares

  • Against other Novembers: at −1.24%, November 2007 ranks 19th of 26 Novembers since 2000 (best first).
  • Against every month: it ranks 210th of 313 months since September 2000, better than 33% of them.
  • Range: the gap between the highest and lowest close was $58.40, or 7.4% of the opening level, 1.3× the 5.7% average of the previous 12 months.
  • Daily moves: the average day moved 1.35% (up or down), against 0.72% over the previous 12 months, so November 2007 was more volatile than usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 4 days.
  • Bigger picture: at the month-end close gold was +23.14% for 2007 to the end of November and +20.92% over 12 months (against the November 2006 close of $646.90).
  • Average price: the mean of the 21 daily closes was $805.60; the World Bank's monthly average of the London (LBMA) price was $806.00.

Across the other 25 completed Novembers since 2000, gold averaged +1.44% and rose in 15 of them (60%). November 2007 lagged that average by 2.7 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 2007 in today's dollars

Adjusted for US consumer-price inflation, the $782.20 closing price equals about $1,248 in September 2026 dollars (CPI 210.8 in November 2007 against 336.3 in September 2026, FRED series CPIAUCSL), 60% 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 2007

The gold price in 2007 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 2007?

Gold closed November 2007 at $782.20 an ounce (COMEX settlement). It opened the month at $790.70 and averaged $805.60 across 21 trading days; the World Bank’s London average for the month was $806.00.

Did gold go up in November 2007?

No. Gold was down 1.24% in November 2007, from $792.00 at the end of October 2007 to $782.20. It closed higher on 10 of 21 days. Among Novembers since 2000 it ranks 19th of 26 (best first).

What was the highest gold price in November 2007?

The highest close was $835.20 on 8 November 2007.

What was the lowest gold price in November 2007?

The lowest close was $776.80 on 19 November 2007, $58.40 (7.4%) 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.