Investezo › Gold months › 2008 › February
Gold (XAUUSD) in February 2008: high, low and the biggest days
Gold ended February 2008 up 5.3% at US$973.50. It traded between US$883.90 on 5 Feb 2008 and US$975.80 on 29 Feb 2008, and its biggest day was +2.41% on 19 Feb 2008. Its median daily range was much calmer than gold's median for all of 2008.
Key numbers
| Trading days counted | 21 |
| First open (1 Feb 2008) | US$923.90 |
| Last close (29 Feb 2008) | US$973.50 |
| Close before the month (31 Jan 2008) | US$924.50 |
| Month change | +5.3% · US$49.00 |
| Month high (29 Feb 2008) | US$975.80 |
| Month low (5 Feb 2008) | US$883.90 |
| High to low span (US$ · % of the close before the month) | US$91.90 · 9.94% |
| Median daily move (either way) | 1.066% |
| Median daily range | 1.962% · US$17.80 |
| Median daily range for all of 2008 | 2.464% |
| Days moving 1%+ / 2%+ | 11 / 2 |
| Up days / down days | 13 / 8 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 19 Feb 2008 | +2.41% | US$21.80 |
| Worst day | 1 Feb 2008 | -2.11% | -US$19.50 |
| Widest high-low day | 1 Feb 2008 | 3.57% | US$33.00 |
February 2008 against every February, 2005–2024
Ranked against February in each of the 20 years from 2005 to 2024 (1 = highest): month change 5th, median daily range 2nd, high-low span 4th. Across those years the strongest February was 2016 (+10.76%) and the weakest 2021 (-6.16%).
February inside 2008
The median daily range in February 2008 was 1.962%, which is much calmer than the median for all of 2008 (2.464%; ratio 0.80). By median daily range it was the 11th widest of the 12 months of 2008. The full year is on the gold in 2008 page.
Every trading day of February 2008
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Feb 2008 | US$905.00 | -2.11% | US$33.00 |
| 4 Feb 2008 | US$903.30 | -0.19% | US$20.70 |
| 5 Feb 2008 | US$887.90 | -1.7% | US$22.40 |
| 6 Feb 2008 | US$900.70 | +1.44% | US$21.50 |
| 7 Feb 2008 | US$911.10 | +1.15% | US$15.50 |
| 8 Feb 2008 | US$922.10 | +1.21% | US$15.30 |
| 11 Feb 2008 | US$922.40 | +0.03% | US$11.10 |
| 12 Feb 2008 | US$905.90 | -1.79% | US$22.10 |
| 13 Feb 2008 | US$904.70 | -0.13% | US$14.60 |
| 14 Feb 2008 | US$907.10 | +0.27% | US$12.30 |
| 15 Feb 2008 | US$902.00 | -0.56% | US$17.80 |
| 18 Feb 2008 | US$905.20 | +0.35% | US$7.30 |
| 19 Feb 2008 | US$927.00 | +2.41% | US$24.80 |
| 20 Feb 2008 | US$943.70 | +1.8% | US$32.40 |
| 21 Feb 2008 | US$945.50 | +0.19% | US$15.90 |
| 22 Feb 2008 | US$944.70 | -0.08% | US$14.30 |
| 25 Feb 2008 | US$938.00 | -0.71% | US$19.00 |
| 26 Feb 2008 | US$948.00 | +1.07% | US$23.90 |
| 27 Feb 2008 | US$958.40 | +1.1% | US$15.80 |
| 28 Feb 2008 | US$969.40 | +1.15% | US$19.20 |
| 29 Feb 2008 | US$973.50 | +0.42% | US$11.70 |
What this month means for an EA
The widest day, 1 Feb 2008, covered US$33.00 from high to low; the median day covered US$17.80. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$33.00 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in February 2008?
Up: the last close was US$973.50 on 29 Feb 2008, +5.3% (US$49.00) against US$924.50 on 31 Jan 2008.
What were gold's high and low in February 2008?
High US$975.80 on 29 Feb 2008, low US$883.90 on 5 Feb 2008, a span of US$91.90.
What was gold's biggest day in February 2008?
19 Feb 2008: +2.41% (US$21.80) close to close.