Investezo › Gold months › 2007 › August
Gold (XAUUSD) in August 2007: high, low and the biggest days
Gold ended August 2007 up 1.4% at US$672.80. It traded between US$641.60 on 16 Aug 2007 and US$676.40 on 8 Aug 2007, and its biggest day was -2.23% on 16 Aug 2007. Its median daily range was much calmer than gold's median for all of 2007.
Key numbers
| Trading days counted | 23 |
| First open (1 Aug 2007) | US$663.40 |
| Last close (31 Aug 2007) | US$672.80 |
| Close before the month (31 Jul 2007) | US$663.50 |
| Month change | +1.4% · US$9.30 |
| Month high (8 Aug 2007) | US$676.40 |
| Month low (16 Aug 2007) | US$641.60 |
| High to low span (US$ · % of the close before the month) | US$34.80 · 5.24% |
| Median daily move (either way) | 0.452% |
| Median daily range | 1.096% · US$7.20 |
| Median daily range for all of 2007 | 1.417% |
| Days moving 1%+ / 2%+ | 6 / 1 |
| Up days / down days | 11 / 12 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 10 Aug 2007 | +1.71% | US$11.30 |
| Worst day | 16 Aug 2007 | -2.23% | -US$14.90 |
| Widest high-low day | 16 Aug 2007 | 3.9% | US$26.00 |
August 2007 against every August, 2005–2024
Ranked against August in each of the 20 years from 2005 to 2024 (1 = highest): month change 9th, median daily range 11th, high-low span 15th. Across those years the strongest August was 2011 (+12.19%) and the weakest 2008 (-9.04%).
August inside 2007
The median daily range in August 2007 was 1.096%, which is much calmer than the median for all of 2007 (1.417%; ratio 0.77). By median daily range it was the 10th widest of the 12 months of 2007. The full year is on the gold in 2007 page.
Every trading day of August 2007
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Aug 2007 | US$666.50 | +0.45% | US$8.00 |
| 2 Aug 2007 | US$664.50 | -0.3% | US$4.30 |
| 3 Aug 2007 | US$672.50 | +1.2% | US$10.50 |
| 6 Aug 2007 | US$671.80 | -0.1% | US$6.10 |
| 7 Aug 2007 | US$671.90 | +0.01% | US$6.40 |
| 8 Aug 2007 | US$674.30 | +0.36% | US$7.10 |
| 9 Aug 2007 | US$661.10 | -1.96% | US$15.20 |
| 10 Aug 2007 | US$672.40 | +1.71% | US$18.20 |
| 13 Aug 2007 | US$669.20 | -0.48% | US$3.70 |
| 14 Aug 2007 | US$668.60 | -0.09% | US$5.80 |
| 15 Aug 2007 | US$667.00 | -0.24% | US$8.90 |
| 16 Aug 2007 | US$652.10 | -2.23% | US$26.00 |
| 17 Aug 2007 | US$657.20 | +0.78% | US$18.60 |
| 20 Aug 2007 | US$657.90 | +0.11% | US$7.70 |
| 21 Aug 2007 | US$657.00 | -0.14% | US$5.80 |
| 22 Aug 2007 | US$660.10 | +0.47% | US$7.20 |
| 23 Aug 2007 | US$659.50 | -0.09% | US$6.30 |
| 24 Aug 2007 | US$668.00 | +1.29% | US$11.40 |
| 27 Aug 2007 | US$667.00 | -0.15% | US$2.90 |
| 28 Aug 2007 | US$662.10 | -0.73% | US$6.20 |
| 29 Aug 2007 | US$666.60 | +0.68% | US$8.10 |
| 30 Aug 2007 | US$665.00 | -0.24% | US$4.50 |
| 31 Aug 2007 | US$672.80 | +1.17% | US$10.20 |
What this month means for an EA
The widest day, 16 Aug 2007, covered US$26.00 from high to low; the median day covered US$7.20. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$26.00 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in August 2007?
Up: the last close was US$672.80 on 31 Aug 2007, +1.4% (US$9.30) against US$663.50 on 31 Jul 2007.
What were gold's high and low in August 2007?
High US$676.40 on 8 Aug 2007, low US$641.60 on 16 Aug 2007, a span of US$34.80.
What was gold's biggest day in August 2007?
16 Aug 2007: -2.23% (-US$14.90) close to close.