Gold Price Weekly Report: November 2 – 6, 2026
Week 45, 2026 · Published November 7, 2026
Key takeaways
- Gold rose 5.05% this week, ending at $4,072.10 an ounce.
- A gram of 21K gold is worth 114.56 USD in the USA (up 5.51 USD on the week).
- Compared with a year ago, gold is up 1.80%.
Friday close
$4,072.10
Weekly change
+5.05%
Highest close
$4,086.80
Lowest close
$3,935.90
Change over 4 weeks
−2.95%
Gold/silver ratio
78.2
The week in brief
Gold rose this week (+5.05%), closing on Friday at $4,072.10 per ounce, compared with $3,876.40 at the end of the previous week (+$195.70).
Its highest close was $4,086.80 on Thursday, November 5 and its lowest $3,935.90 on Tuesday, November 3. The biggest daily move came on Wednesday, November 4, at +3.39%.
Over the past four weeks, gold is down 2.95%, from $4,195.82.
Gold closed higher on 3 of 5 days and lower on 2; the average daily move was 1.27%.
Silver ended the week at $52.07 per ounce (+5.72%), which puts the gold/silver ratio at 78.2.
Daily closing prices
| Day | Close (USD/oz) | Change |
|---|---|---|
| Monday, November 2 | $3,948.80 | +1.87% |
| Tuesday, November 3 | $3,935.90 | −0.33% |
| Wednesday, November 4 | $4,069.30 | +3.39% |
| Thursday, November 5 | $4,086.80 | +0.43% |
| Friday, November 6 | $4,072.10 | −0.36% |
How this week compares
| Period | Price then | Change since |
|---|---|---|
| 1 week ago | $3,876.40 | +5.05% |
| 4 weeks ago | $4,195.82 | −2.95% |
| 3 months ago | $4,342.26 | −6.22% |
| 1 year ago | $3,999.93 | +1.80% |
Over the past 52 weeks, gold has closed between $3,876.40 and $5,277.88. It now stands 22.85% below that high.
Levels to watch next week
4-week high
$4,195.82
This week's high
$4,086.80
This week's low
$3,935.90
4-week low
$3,876.40
A close above $4,086.80 would point towards $4,195.82. A close below $3,935.90 would put $3,876.40 in focus. These levels come only from recent closing prices; they are reference points, not a forecast.
Analysis of the week
Gold began Week 45 of 2026 at 3948.80 USD per troy ounce on Monday, rising from the previous Friday close of 3876.40. It reached its weekly low of 3935.90 on Tuesday before making its biggest daily move of 3.39% on Wednesday to 4069.30. The market hit its highest close of 4086.80 on Thursday and ended the week at 4072.10 on Friday.
This strong weekly performance showed a gain of 195.70 USD, or 5.05%, contrasting with the four-week change of -2.95%. The gold/silver ratio stood at 78.2 at Friday's close. Looking ahead, the closing price of 4072.10 positions 4086.80 as upper resistance, while 3935.90 and 3876.40 serve as key support levels to watch.
Written with AI from the prices on this page only.
What gold jewelry is worth this week
Value of the gold in common pieces at Friday's close, and the change from last week. Shops add making charges and taxes on top.
Gold price per gram in local currencies
Prices of pure gold at Friday's close, before any shop markup, making charges or VAT.
| Country | 24K | 21K | 18K | Week |
|---|---|---|---|---|
| USA | 130.92 USD | 114.56 USD | 98.19 USD | +5.05% |
| UK | 98.05 GBP | 85.79 GBP | 73.54 GBP | +5.33% |
| United Arab Emirates | 480.81 AED | 420.71 AED | 360.61 AED | +5.05% |
| India | 12,315.12 INR | 10,775.73 INR | 9,236.34 INR | +4.10% |
| Saudi Arabia | 490.95 SAR | 429.58 SAR | 368.22 SAR | +5.05% |
| Egypt | 7,049.62 EGP | 6,168.42 EGP | 5,287.22 EGP | +1.23% |
| Morocco | 1,277.42 MAD | 1,117.74 MAD | 958.06 MAD | +4.17% |
| Kuwait | 40.71 KWD | 35.62 KWD | 30.53 KWD | +4.97% |
| Qatar | 476.55 QAR | 416.98 QAR | 357.41 QAR | +5.05% |
| Jordan | 92.82 JOD | 81.22 JOD | 69.62 JOD | +5.05% |
| Pakistan | 36,203.23 PKR | 31,677.82 PKR | 27,152.42 PKR | +5.00% |
| Turkey | 6,584.41 TRY | 5,761.36 TRY | 4,938.31 TRY | +5.76% |
| France | 117.52 EUR | 102.83 EUR | 88.14 EUR | +5.25% |
| Canada | 184.99 CAD | 161.86 CAD | 138.74 CAD | +6.21% |
| Mexico | 2,440.00 MXN | 2,135.00 MXN | 1,830.00 MXN | +4.21% |
| Spain | 117.52 EUR | 102.83 EUR | 88.14 EUR | +5.25% |
| Argentina | 202,255.35 ARS | 176,973.43 ARS | 151,691.51 ARS | +5.96% |
| Colombia | 425,225.88 COP | 372,072.65 COP | 318,919.41 COP | +5.91% |
Moroccan souk prices (estimate)
Estimated prices per gram in Moroccan dirhams at Friday's close, based on the usual premium, buyback discount and making charges in the souk.
| Karat | Souk price | Buyback (used gold) | New jewelry |
|---|---|---|---|
| 18K | 1,039 | 946 | 1,099 – 1,239 |
| 21K | 1,213 | 1,104 | 1,273 – 1,413 |
| 24K | 1,386 | 1,261 | — |
Estimates only: prices vary between cities and shops. Live souk prices in Morocco
Questions about this week's gold price
What was the gold price on November 6, 2026?
Gold closed at $4,072.10 per troy ounce on November 6, 2026, which is about $130.92 per gram of 24K gold.
Did gold go up or down in the week of November 2 – 6, 2026?
Gold rose this week (+5.05%), closing on Friday at $4,072.10 per ounce, compared with $3,876.40 at the end of the previous week (+$195.70).
How much is a gram of 21K gold in the USA this week?
At Friday's close, a gram of 21K gold in the USA was worth 114.56 USD, compared with 130.92 USD for 24K and 98.19 USD for 18K. Over the week, the price rose 5.05%. Shops add making charges and taxes.
Is gold higher than a year ago?
Yes. Gold closed at $4,072.10, up 1.80% from $3,999.93 a year earlier.
How this report is made
Gold prices are daily closing levels of spot gold in US dollars per troy ounce, recorded by GoldZag or taken from public daily exchange-rate data. Local prices convert the same close with that day's exchange rate (1 troy ounce = 31.1035 g; 21K = 87.5% and 18K = 75% pure gold). The report is generated automatically every Saturday and is for information only.
Prices are daily closing levels of spot gold converted with that day's exchange rates. This report is for information only and is not financial advice.