Investezo › Gold months › 2007 › May
Gold (XAUUSD) in May 2007: high, low and the biggest days
Gold ended May 2007 down 2.54% at US$660.50. It traded between US$651.50 on 24 May 2007 and US$690.40 on 7 May 2007, and its biggest day was -2.1% on 10 May 2007. Its median daily range was calmer than gold's median for all of 2007.
Key numbers
| Trading days counted | 22 |
| First open (1 May 2007) | US$677.90 |
| Last close (31 May 2007) | US$660.50 |
| Close before the month (30 Apr 2007) | US$677.70 |
| Month change | -2.54% · -US$17.20 |
| Month high (7 May 2007) | US$690.40 |
| Month low (24 May 2007) | US$651.50 |
| High to low span (US$ · % of the close before the month) | US$38.90 · 5.74% |
| Median daily move (either way) | 0.53% |
| Median daily range | 1.147% · US$7.60 |
| Median daily range for all of 2007 | 1.417% |
| Days moving 1%+ / 2%+ | 5 / 1 |
| Up days / down days | 9 / 13 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 3 May 2007 | +1.4% | US$9.40 |
| Worst day | 10 May 2007 | -2.1% | -US$14.30 |
| Widest high-low day | 10 May 2007 | 2.45% | US$16.70 |
May 2007 against every May, 2005–2024
Ranked against May in each of the 20 years from 2005 to 2024 (1 = highest): month change 14th, median daily range 14th, high-low span 13th. Across those years the strongest May was 2009 (+10.42%) and the weakest 2012 (-6.22%).
May inside 2007
The median daily range in May 2007 was 1.147%, which is calmer than the median for all of 2007 (1.417%; ratio 0.81). By median daily range it was the 9th widest of the 12 months of 2007. The full year is on the gold in 2007 page.
Every trading day of May 2007
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 May 2007 | US$672.80 | -0.72% | US$7.30 |
| 2 May 2007 | US$672.30 | -0.07% | US$7.50 |
| 3 May 2007 | US$681.70 | +1.4% | US$10.30 |
| 4 May 2007 | US$688.30 | +0.97% | US$10.30 |
| 7 May 2007 | US$688.00 | -0.04% | US$4.30 |
| 8 May 2007 | US$684.90 | -0.45% | US$6.70 |
| 9 May 2007 | US$680.30 | -0.67% | US$10.90 |
| 10 May 2007 | US$666.00 | -2.1% | US$16.70 |
| 11 May 2007 | US$670.50 | +0.68% | US$8.20 |
| 14 May 2007 | US$668.90 | -0.24% | US$8.60 |
| 15 May 2007 | US$671.60 | +0.4% | US$8.40 |
| 16 May 2007 | US$661.60 | -1.49% | US$13.60 |
| 17 May 2007 | US$657.20 | -0.67% | US$11.00 |
| 18 May 2007 | US$661.20 | +0.61% | US$7.20 |
| 22 May 2007 | US$658.70 | -0.38% | US$7.00 |
| 23 May 2007 | US$660.90 | +0.33% | US$7.20 |
| 24 May 2007 | US$654.10 | -1.03% | US$11.00 |
| 25 May 2007 | US$655.50 | +0.21% | US$3.40 |
| 28 May 2007 | US$655.20 | -0.05% | US$1.80 |
| 29 May 2007 | US$656.10 | +0.14% | US$7.30 |
| 30 May 2007 | US$653.20 | -0.44% | US$6.70 |
| 31 May 2007 | US$660.50 | +1.12% | US$7.70 |
What this month means for an EA
The widest day, 10 May 2007, covered US$16.70 from high to low; the median day covered US$7.60. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$16.70 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in May 2007?
Down: the last close was US$660.50 on 31 May 2007, -2.54% (-US$17.20) against US$677.70 on 30 Apr 2007.
What were gold's high and low in May 2007?
High US$690.40 on 7 May 2007, low US$651.50 on 24 May 2007, a span of US$38.90.
What was gold's biggest day in May 2007?
10 May 2007: -2.1% (-US$14.30) close to close.