Gold price in November 2020: daily prices, high, low and change
Gold closed November 2020 at $1,775.70 an ounce, down 5.54% on the month. The highest close was $1,951.70 on 6 Nov and the lowest $1,775.70 on 30 Nov. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, November 2020 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2020 close ($1,879.90).
Daily gold prices in November 2020 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 2 Nov | $1,877.00 | $1,897.10 | $1,873.30 | $1,892.50 | +$12.60 | +0.67% |
| Tue 3 Nov | $1,896.40 | $1,912.20 | $1,887.60 | $1,910.40 | +$17.90 | +0.95% |
| Wed 4 Nov | $1,910.30 | $1,917.90 | $1,881.80 | $1,896.20 | −$14.20 | −0.74% |
| Thu 5 Nov best day | $1,903.40 | $1,954.30 | $1,902.20 | $1,946.80 | +$50.60 | +2.67% |
| Fri 6 Nov | $1,950.00 | $1,961.80 | $1,937.20 | $1,951.70 | +$4.90 | +0.25% |
| Mon 9 Nov worst day | $1,956.00 | $1,966.10 | $1,848.00 | $1,854.40 | −$97.30 | −4.99% |
| Tue 10 Nov | $1,864.10 | $1,888.90 | $1,858.90 | $1,876.40 | +$22.00 | +1.19% |
| Wed 11 Nov | $1,876.10 | $1,882.50 | $1,853.90 | $1,861.60 | −$14.80 | −0.79% |
| Thu 12 Nov | $1,863.90 | $1,883.00 | $1,860.70 | $1,873.30 | +$11.70 | +0.63% |
| Fri 13 Nov | $1,875.60 | $1,895.80 | $1,872.10 | $1,886.20 | +$12.90 | +0.69% |
| Mon 16 Nov | $1,886.60 | $1,898.00 | $1,861.50 | $1,887.80 | +$1.60 | +0.08% |
| Tue 17 Nov | $1,888.20 | $1,892.70 | $1,876.30 | $1,885.10 | −$2.70 | −0.14% |
| Wed 18 Nov | $1,879.50 | $1,884.20 | $1,860.30 | $1,873.90 | −$11.20 | −0.59% |
| Thu 19 Nov | $1,872.00 | $1,872.60 | $1,850.00 | $1,861.50 | −$12.40 | −0.66% |
| Fri 20 Nov | $1,864.80 | $1,879.20 | $1,859.10 | $1,872.40 | +$10.90 | +0.59% |
| Mon 23 Nov | $1,869.80 | $1,875.00 | $1,828.00 | $1,837.80 | −$34.60 | −1.85% |
| Tue 24 Nov | $1,835.70 | $1,836.90 | $1,797.10 | $1,804.60 | −$33.20 | −1.81% |
| Wed 25 Nov | $1,805.20 | $1,816.30 | $1,798.60 | $1,805.50 | +$0.90 | +0.05% |
| Fri 27 Nov | $1,806.10 | $1,817.00 | $1,770.70 | $1,781.90 | −$23.60 | −1.31% |
| Mon 30 Nov | $1,785.00 | $1,787.20 | $1,762.30 | $1,775.70 | −$6.20 | −0.35% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.
Monthly open, high, low and close
| November 2020 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,892.50 | $1,951.70 | $1,775.70 | $1,775.70 | −5.54% |
| Intraday | $1,877.00 | $1,966.10 9 Nov | $1,762.30 30 Nov | $1,775.70 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2020 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.
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 2020: summary
Gold dropped 5.54% in November 2020, from $1,879.90 at the end of October 2020 to $1,775.70 an ounce. Settlement prices ranged from $1,775.70 on 30 November 2020 to $1,951.70 on 6 November 2020, a spread of $176.00 (9.4%), wider than the 6.7% average of the previous 12 months. Gold closed higher on 10 of 20 trading days and lower on 10; the strongest session was 5 November 2020 (+2.67%) and the weakest 9 November 2020 (−4.99%).
That was the biggest monthly fall since November 2016. The −4.99% move on 9 November 2020 was the largest one-day fall of 2020, and the largest since 20 June 2013. It was gold's 3rd monthly loss in a row.
How November 2020 compares
- Against other Novembers: at −5.54%, November 2020 ranks 24th of 26 Novembers since 2000 (best first).
- Against every month: it ranks 291st of 313 months since September 2000, better than 7% of them.
- Range: the gap between the highest and lowest close was $176.00, or 9.4% of the opening level, 1.4× the 6.7% average of the previous 12 months.
- Daily moves: the average day moved 1.05% (up or down), against 0.88% over the previous 12 months, so November 2020 was more volatile than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +16.86% for 2020 to the end of November and +21.16% over 12 months (against the November 2019 close of $1,465.60).
- Average price: the mean of the 20 daily closes was $1,866.79; the World Bank's monthly average of the London (LBMA) price was $1,866.00.
Across the other 25 completed Novembers since 2000, gold averaged +1.61% and rose in 15 of them (60%). November 2020 lagged that average by 7.2 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 2020 in today's dollars
Adjusted for US consumer-price inflation, the $1,775.70 closing price equals about $2,289 in September 2026 dollars (CPI 260.9 in November 2020 against 336.3 in September 2026, FRED series CPIAUCSL), 29% 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 2020
The gold price in 2020 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 2020?
Gold closed November 2020 at $1,775.70 an ounce (COMEX settlement). It opened the month at $1,892.50 and averaged $1,866.79 across 20 trading days; the World Bank’s London average for the month was $1,866.00.
Did gold go up in November 2020?
No. Gold was down 5.54% in November 2020, from $1,879.90 at the end of October 2020 to $1,775.70. It closed higher on 10 of 20 days. Among Novembers since 2000 it ranks 24th of 26 (best first).
What was the highest gold price in November 2020?
The highest close was $1,951.70 on 6 November 2020. The highest intraday price in the daily bars was $1,966.10 on 9 November 2020.
What was the lowest gold price in November 2020?
The lowest close was $1,775.70 on 30 November 2020, $176.00 (9.4%) below the month’s highest close. The lowest intraday price was $1,762.30 on 30 November 2020.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.