Gold price by month

Gold price in November 2022: daily prices, high, low and change

Gold closed November 2022 at $1,746.00 an ounce, up 6.42% on the month. The highest close was $1,776.90 on 14 Nov and the lowest $1,630.90 on 3 Nov. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,746.0030 November 2022
Monthly change+6.4%vs $1,640.70 at the end of October 2022
Highest close$1,776.9014 November 2022
Lowest close$1,630.903 November 2022

Gold price chart, November 2022 (daily close and high-low range, US$ per ounce)

$1,650$1,700$1,750$1,8001491417222830high close $1,776.90low close $1,630.90
$1,700$1,8001711172330$1,776.90$1,630.90

Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2022 close ($1,640.70).

Daily gold prices in November 2022 (21 trading days)

Daily gold prices, November 2022
DateOpenHighLowCloseChange% change
Tue 1 Nov$1,636.10$1,660.30$1,633.60$1,649.70+$9.00+0.55%
Wed 2 Nov$1,651.40$1,673.10$1,637.40$1,650.00+$0.30+0.02%
Thu 3 Nov worst day$1,639.10$1,643.20$1,618.30$1,630.90−$19.10−1.16%
Fri 4 Nov best day$1,631.70$1,686.40$1,631.10$1,676.60+$45.70+2.80%
Mon 7 Nov$1,678.60$1,685.60$1,670.00$1,680.50+$3.90+0.23%
Tue 8 Nov$1,678.00$1,720.40$1,667.10$1,716.00+$35.50+2.11%
Wed 9 Nov$1,715.20$1,725.80$1,705.10$1,713.70−$2.30−0.13%
Thu 10 Nov$1,709.70$1,760.60$1,705.50$1,753.70+$40.00+2.33%
Fri 11 Nov$1,758.30$1,775.60$1,750.30$1,769.40+$15.70+0.90%
Mon 14 Nov$1,769.40$1,778.40$1,755.80$1,776.90+$7.50+0.42%
Tue 15 Nov$1,774.00$1,791.80$1,770.20$1,776.80−$0.10−0.01%
Wed 16 Nov$1,782.00$1,788.20$1,773.40$1,775.80−$1.00−0.06%
Thu 17 Nov$1,777.00$1,777.60$1,756.60$1,763.00−$12.80−0.72%
Fri 18 Nov$1,763.10$1,769.90$1,749.20$1,754.40−$8.60−0.49%
Mon 21 Nov$1,752.00$1,755.00$1,733.90$1,739.60−$14.80−0.84%
Tue 22 Nov$1,739.70$1,751.00$1,737.60$1,739.90+$0.30+0.02%
Wed 23 Nov$1,740.80$1,754.90$1,719.00$1,745.60+$5.70+0.33%
Fri 25 Nov$1,751.00$1,761.20$1,745.90$1,754.00+$8.40+0.48%
Mon 28 Nov$1,755.00$1,763.50$1,738.20$1,740.30−$13.70−0.78%
Tue 29 Nov$1,739.50$1,758.20$1,737.90$1,748.40+$8.10+0.47%
Wed 30 Nov$1,748.10$1,769.40$1,745.10$1,746.00−$2.40−0.14%

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 2022OpenHighLowCloseChange
Settlements$1,649.70$1,776.90$1,630.90$1,746.00+6.42%
Intraday$1,636.10$1,791.80 15 Nov$1,618.30 3 Nov$1,746.00—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2022 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 2022: summary

Gold surged 6.42% in November 2022, from $1,640.70 at the end of October 2022 to $1,746.00 an ounce. Gold closed higher on 12 of 21 trading days and lower on 9; the strongest session was 4 November 2022 (+2.80%) and the weakest 3 November 2022 (−1.16%). Settlement prices ranged from $1,630.90 on 3 November 2022 to $1,776.90 on 14 November 2022, a spread of $146.00 (8.9%), wider than the 5.2% average of the previous 12 months.

The $1,630.90 close on 3 November 2022 was the lowest since 2 April 2020. That was the biggest monthly gain since May 2021. It ended a run of 7 straight monthly losses.

How November 2022 compares

  • Against other Novembers: at +6.42%, November 2022 ranks 5th of 26 Novembers since 2000 (best first).
  • Against every month: it ranks 42nd of 313 months since September 2000, better than 87% of them.
  • Range: the gap between the highest and lowest close was $146.00, or 8.9% of the opening level, 1.7× the 5.2% average of the previous 12 months.
  • Daily moves: the average day moved 0.71% (up or down), against 0.72% over the previous 12 months, so November 2022 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 5 days.
  • Bigger picture: at the month-end close gold was −4.52% for 2022 to the end of November and −1.56% over 12 months (against the November 2021 close of $1,773.60).
  • Average price: the mean of the 21 daily closes was $1,728.63; the World Bank's monthly average of the London (LBMA) price was $1,725.00.

Across the other 25 completed Novembers since 2000, gold averaged +1.13% and rose in 14 of them (56%). November 2022 beat that average by 5.3 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 2022 in today's dollars

Adjusted for US consumer-price inflation, the $1,746.00 closing price equals about $1,965 in September 2026 dollars (CPI 298.8 in November 2022 against 336.3 in September 2026, FRED series CPIAUCSL), 13% 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 2022

The gold price in 2022 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 2022?

Gold closed November 2022 at $1,746.00 an ounce (COMEX settlement). It opened the month at $1,649.70 and averaged $1,728.63 across 21 trading days; the World Bank’s London average for the month was $1,725.00.

Did gold go up in November 2022?

Yes. Gold was up 6.42% in November 2022, from $1,640.70 at the end of October 2022 to $1,746.00. It closed higher on 12 of 21 days. Among Novembers since 2000 it ranks 5th of 26 (best first).

What was the highest gold price in November 2022?

The highest close was $1,776.90 on 14 November 2022. The highest intraday price in the daily bars was $1,791.80 on 15 November 2022.

What was the lowest gold price in November 2022?

The lowest close was $1,630.90 on 3 November 2022, $146.00 (8.9%) below the month’s highest close. The lowest intraday price was $1,618.30 on 3 November 2022.

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