Investezo › Gold months › 2006 › May
Gold (XAUUSD) in May 2006: high, low and the biggest days
Gold ended May 2006 down 1.68% at US$642.70. It traded between US$635.60 on 24 May 2006 and US$729.70 on 12 May 2006, and its biggest day was -4.86% on 15 May 2006. Its median daily range was much wider than gold's median for all of 2006.
Key numbers
| Trading days counted | 22 |
| First open (1 May 2006) | US$654.10 |
| Last close (31 May 2006) | US$642.70 |
| Close before the month (28 Apr 2006) | US$653.70 |
| Month change | -1.68% · -US$11.00 |
| Month high (12 May 2006) | US$729.70 |
| Month low (24 May 2006) | US$635.60 |
| High to low span (US$ · % of the close before the month) | US$94.10 · 14.39% |
| Median daily move (either way) | 0.95% |
| Median daily range | 2.911% · US$19.40 |
| Median daily range for all of 2006 | 1.929% |
| Days moving 1%+ / 2%+ | 11 / 6 |
| Up days / down days | 13 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 9 May 2006 | +3.17% | US$21.50 |
| Worst day | 15 May 2006 | -4.86% | -US$34.70 |
| Widest high-low day | 15 May 2006 | 6.1% | US$43.60 |
May 2006 against every May, 2005–2024
Ranked against May in each of the 20 years from 2005 to 2024 (1 = highest): month change 12th, median daily range 1st, high-low span 1st. Across those years the strongest May was 2009 (+10.42%) and the weakest 2012 (-6.22%).
May inside 2006
The median daily range in May 2006 was 2.911%, which is much wider than the median for all of 2006 (1.929%; ratio 1.51). By median daily range it was the 2nd widest of the 12 months of 2006. The full year is on the gold in 2006 page.
Every trading day of May 2006
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 May 2006 | US$654.50 | +0.12% | US$10.40 |
| 2 May 2006 | US$668.70 | +2.17% | US$16.60 |
| 3 May 2006 | US$664.00 | -0.7% | US$19.30 |
| 4 May 2006 | US$679.70 | +2.36% | US$19.50 |
| 5 May 2006 | US$683.20 | +0.51% | US$9.50 |
| 8 May 2006 | US$678.20 | -0.73% | US$15.60 |
| 9 May 2006 | US$699.70 | +3.17% | US$22.90 |
| 10 May 2006 | US$708.70 | +1.29% | US$16.00 |
| 11 May 2006 | US$713.70 | +0.71% | US$22.00 |
| 12 May 2006 | US$714.20 | +0.07% | US$22.00 |
| 15 May 2006 | US$679.50 | -4.86% | US$43.60 |
| 16 May 2006 | US$687.70 | +1.21% | US$18.20 |
| 17 May 2006 | US$686.70 | -0.15% | US$31.80 |
| 18 May 2006 | US$684.70 | -0.29% | US$15.90 |
| 19 May 2006 | US$657.20 | -4.02% | US$37.60 |
| 22 May 2006 | US$655.30 | -0.29% | US$24.50 |
| 23 May 2006 | US$666.10 | +1.65% | US$23.80 |
| 24 May 2006 | US$642.10 | -3.6% | US$34.00 |
| 25 May 2006 | US$649.60 | +1.17% | US$13.20 |
| 26 May 2006 | US$651.20 | +0.25% | US$15.00 |
| 30 May 2006 | US$652.50 | +0.2% | US$13.90 |
| 31 May 2006 | US$642.70 | -1.5% | US$21.30 |
What this month means for an EA
The widest day, 15 May 2006, covered US$43.60 from high to low; the median day covered US$19.40. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$43.60 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in May 2006?
Down: the last close was US$642.70 on 31 May 2006, -1.68% (-US$11.00) against US$653.70 on 28 Apr 2006.
What were gold's high and low in May 2006?
High US$729.70 on 12 May 2006, low US$635.60 on 24 May 2006, a span of US$94.10.
What was gold's biggest day in May 2006?
15 May 2006: -4.86% (-US$34.70) close to close.