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Gold Prices Edge Up but Remain Down 7% Over Past Year

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On Friday, November 13, 2026, the spot price of gold reached $3,891.11 per ounce, marking a 0.26% increase from the previous close of $3,881.01. This rise represents a gain of $10.10 in a single day. However, looking back over the past year, gold prices have declined by 7.01%, as they were trading at $4,184.27 per ounce one year ago.

Key levels to watch this week include a 52-week low of $3,875.36 and a 52-week high of $5,518.21. Currently, gold is trading 29.49% below its 52-week high but remains 0.41% above its 52-week low. Over the past month, prices have dropped by 5.37%, and over the past week, they have fallen by 4.37%.

Gold prices are influenced by various factors, including inflation expectations, central bank policies, global economic conditions, and investor demand. The strength of the U.S. dollar, along with physical and industrial demand, also plays a significant role in daily price fluctuations.

Investors can gain exposure to gold by purchasing physical coins or bars, investing in exchange-traded funds (ETFs) that track its price, or buying shares in mining companies. However, it is essential to consider costs, storage needs, and risk tolerance before making any investment decisions.

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