Gold Price in November 2007
In November 2007, gold fell 1.2%, from $792.00 at the end of October to $782.20 per troy ounce on November 30, 2007. The highest close was $835.20 on November 8, 2007, the lowest $776.80 on November 19, 2007, and the average over 21 trading days was $805.60. Today's price is 395.6% higher than the November 2007 close.
Gold ended November lower. What usually happens in December after a lower November →
- Gold fell 1.2% in US dollars in November 2007, leaving it up 23.1% for the year to date.
- Measured in other currencies, the change ranged from −4.3% in JPY to +4.4% in CAD, because exchange rates moved too.
- It did better than silver (−2.9%) and US stocks (−4.2%).
- It closed higher on 10 trading days and lower on 11, with an average daily move of 1.35%.
- At the end of the month it was 6.3% below its highest close since 2000.
- Gold/silver ratio: 55.1 → 56.0.
Gold price chart, November 2007
US dollars per troy ounce · daily closeGold in other currencies, November 2007
| Currency | Change in the month |
|---|---|
| CAD | +4.4% |
| AUD | +3.9% |
| ZAR | +3.2% |
| GBP | −0.1% |
| PKR | −0.5% |
| INR | −0.5% |
| TRY | −0.6% |
| EGP | −0.8% |
| CNY | −2.2% |
| EUR | −2.7% |
| CHF | −3.6% |
| JPY | −4.3% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, November 2007
| Asset | Change (USD) |
|---|---|
| Gold | −1.2% |
| Silver | −2.9% |
| S&P 500 (with dividends) | −4.2% |
| US inflation (CPI, month) | +0.59% |
| Gold, year to date (end of November) | +23.1% |
| Gold/silver ratio | 55.1 → 56.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, November 2007
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Nov 1Thu | $790.70 | −0.16% | $25.42 | ₹9,980 | AED 93.32 |
| Nov 2Fri | $805.70 | +1.90% | $25.90 | ₹10,153 | AED 95.10 |
| Nov 5Mon | $808.10 | +0.30% | $25.98 | ₹10,199 | AED 95.36 |
| Nov 6Tue | $820.80 | +1.57% | $26.39 | ₹10,349 | AED 96.86 |
| Nov 7Wed | $831.00 | +1.24% | $26.72 | ₹10,454 | AED 98.09 |
| Nov 8Thu | $835.20 | +0.51% | $26.85 | ₹10,539 | AED 98.58 |
| Nov 9Fri | $832.50 | −0.32% | $26.77 | ₹10,451 | AED 98.24 |
| Nov 12Mon | $805.80 | −3.21% | $25.91 | ₹10,174 | AED 95.09 |
| Nov 13Tue | $797.20 | −1.07% | $25.63 | ₹10,086 | AED 94.07 |
| Nov 14Wed | $813.00 | +1.98% | $26.14 | ₹10,262 | AED 95.94 |
| Nov 15Thu | $785.90 | −3.33% | $25.27 | ₹9,908 | AED 92.73 |
| Nov 16Fri | $785.70 | −0.03% | $25.26 | ₹9,896 | AED 92.64 |
| Nov 19Mon | $776.80 | −1.13% | $24.97 | ₹9,779 | AED 91.67 |
| Nov 20Tue | $790.30 | +1.74% | $25.41 | ₹9,949 | AED 93.00 |
| Nov 21Wed | $797.60 | +0.92% | $25.64 | ₹10,066 | AED 94.12 |
| Nov 23Fri | $824.00 | +3.31% | $26.49 | ₹10,491 | AED 97.08 |
| Nov 26Mon | $826.00 | +0.24% | $26.56 | ₹10,516 | AED 97.32 |
| Nov 27Tue | $813.70 | −1.49% | $26.16 | ₹10,390 | AED 96.02 |
| Nov 28Wed | $800.10 | −1.67% | $25.72 | ₹10,195 | AED 94.14 |
| Nov 29Thu | $795.30 | −0.60% | $25.57 | ₹10,119 | AED 93.77 |
| Nov 30Fri | $782.20 | −1.65% | $25.15 | ₹9,922 | AED 91.91 |
How November usually goes for gold
In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%. Every November since 1971 →
Gold in November 2007: FAQ
What was the price of gold in November 2007?
Gold traded between $776.80 and $835.20 per troy ounce (daily closes) in November 2007, averaging $805.60. It closed the month at $782.20.
How much did gold go down in November 2007?
Gold fell 1.2%, from $792.00 to $782.20. The biggest daily rise was +3.3% on November 23, 2007 and the biggest fall −3.3% on November 15, 2007.
What was the gold price on November 1, 2007?
Gold closed at $790.70 per troy ounce on November 1, 2007, the first trading day of the month. 24K India, ₹ per 10 g: ₹9,980.
Is November usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in November 2007?
Gold fell 0.5% in Indian rupee terms in November 2007, compared with −1.2% in US dollars.
Did gold beat stocks in November 2007?
Yes. Gold was −1.2% for the month, against −4.2% for the S&P 500 with dividends.
Did gold keep up with inflation in November 2007?
US consumer prices (CPI) changed +0.59% in November, so gold's real (inflation-adjusted) change was about −1.8%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinnovember, author = {{Corgano}}, title = {Gold Price in November 2007}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2007/november}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}