Investezo › Gold months › 2008 › January
Gold (XAUUSD) in January 2008: high, low and the biggest days
Gold ended January 2008 up 11.14% at US$924.50. It traded between US$839.50 on 2 Jan 2008 and US$936.70 on 30 Jan 2008, and its biggest day was +3.16% on 22 Jan 2008. Its median daily range was calmer than gold's median for all of 2008.
Key numbers
| Trading days counted | 22 |
| First open (2 Jan 2008) | US$841.00 |
| Last close (31 Jan 2008) | US$924.50 |
| Close before the month (31 Dec 2007) | US$831.80 |
| Month change | +11.14% · US$92.70 |
| Month high (30 Jan 2008) | US$936.70 |
| Month low (2 Jan 2008) | US$839.50 |
| High to low span (US$ · % of the close before the month) | US$97.20 · 11.69% |
| Median daily move (either way) | 0.681% |
| Median daily range | 2.194% · US$19.40 |
| Median daily range for all of 2008 | 2.464% |
| Days moving 1%+ / 2%+ | 10 / 5 |
| Up days / down days | 14 / 8 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 22 Jan 2008 | +3.16% | US$27.30 |
| Worst day | 21 Jan 2008 | -2.15% | -US$19.00 |
| Widest high-low day | 22 Jan 2008 | 5.16% | US$44.60 |
January 2008 against every January, 2005–2024
Ranked against January in each of the 20 years from 2005 to 2024 (1 = highest): month change 1st, median daily range 2nd, high-low span 3rd. Across those years the strongest January was 2008 (+11.14%) and the weakest 2011 (-5.38%).
January inside 2008
The median daily range in January 2008 was 2.194%, which is calmer than the median for all of 2008 (2.464%; ratio 0.89). By median daily range it was the 7th widest of the 12 months of 2008. The full year is on the gold in 2008 page.
Every trading day of January 2008
| Date | Close | Move | High-low |
|---|---|---|---|
| 2 Jan 2008 | US$857.20 | +3.05% | US$21.50 |
| 3 Jan 2008 | US$863.50 | +0.73% | US$16.00 |
| 4 Jan 2008 | US$859.20 | -0.5% | US$14.60 |
| 7 Jan 2008 | US$857.20 | -0.23% | US$9.90 |
| 8 Jan 2008 | US$877.90 | +2.41% | US$23.60 |
| 9 Jan 2008 | US$878.40 | +0.06% | US$19.50 |
| 10 Jan 2008 | US$894.30 | +1.81% | US$29.00 |
| 11 Jan 2008 | US$894.90 | +0.07% | US$10.90 |
| 14 Jan 2008 | US$904.40 | +1.06% | US$23.00 |
| 15 Jan 2008 | US$887.70 | -1.85% | US$26.80 |
| 16 Jan 2008 | US$875.50 | -1.37% | US$25.00 |
| 17 Jan 2008 | US$877.20 | +0.19% | US$14.50 |
| 18 Jan 2008 | US$882.70 | +0.63% | US$18.30 |
| 21 Jan 2008 | US$863.70 | -2.15% | US$22.10 |
| 22 Jan 2008 | US$891.00 | +3.16% | US$44.60 |
| 23 Jan 2008 | US$890.40 | -0.07% | US$19.30 |
| 24 Jan 2008 | US$912.40 | +2.47% | US$24.40 |
| 25 Jan 2008 | US$913.50 | +0.12% | US$17.60 |
| 28 Jan 2008 | US$928.30 | +1.62% | US$15.00 |
| 29 Jan 2008 | US$923.10 | -0.56% | US$13.40 |
| 30 Jan 2008 | US$927.10 | +0.43% | US$21.20 |
| 31 Jan 2008 | US$924.50 | -0.28% | US$10.30 |
What this month means for an EA
The widest day, 22 Jan 2008, covered US$44.60 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$44.60 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in January 2008?
Up: the last close was US$924.50 on 31 Jan 2008, +11.14% (US$92.70) against US$831.80 on 31 Dec 2007.
What were gold's high and low in January 2008?
High US$936.70 on 30 Jan 2008, low US$839.50 on 2 Jan 2008, a span of US$97.20.
What was gold's biggest day in January 2008?
22 Jan 2008: +3.16% (US$27.30) close to close.