––Studies of melt and fluid inclusions and minerals as well as computational modeling (based on the data on the composition of melt inclusions, clinopyroxenes, and amphiboles) gave an insight into the physicochemical parameters of magmatic systems during the evolution of the precaldera Pra-Gorely Volcano and during the subsequent formation of rock complexes of the Young Gorely Volcano. The estimated temperatures of crystallization of olivine, clinopyroxene, and plagioclase phenocrysts (1115–1260 °С) and amphibole (740–890 °С) are in agreement with the earlier published data on the magmatism of the Gorely Volcano. Computational modeling based on the compositions and homogenization temperatures of melt inclusions showed that the established depth interval of mineral crystallization (21.0–1.5 km) with pressures of 7.0–0.5 kbar can be divided into two ranges, 21–15 km and 9.0–1.5 km. Both the Pra-Gorely and Young Gorely volcanoes have magma chambers in these depth ranges. The Pra-Gorely Volcano is characterized by higher temperatures of mineral crystallization (1240–1190 °С) as compared with the Young Gorely Volcano (1190–1125 °С). The presence of primary fluid inclusions with low-density CO2 and of syngenetic primary melt inclusions in plagioclase of the Pra-Gorely Volcano indicates that the mineral crystallized from a heterophase melt. At the same time, the cores of plagioclase phenocrysts formed from a homogeneous melt. A drastic drop in pressure led to the phase separation of magma throughout the magma column (upper and lower chambers) and to the growth of zones saturated with CO2 fluid inclusions in the plagioclase crystals formed from a two-phase melt. The subsequent closure of the system and the disappearance of CO2 phase resulted in the growth of plagioclase from a homogeneous melt.