Investezo › Gold months › 2008 › July
Gold (XAUUSD) in July 2008: high, low and the biggest days
Gold ended July 2008 down 1.22% at US$913.30. It traded between US$893.60 on 30 Jul 2008 and US$988.00 on 15 Jul 2008, and its biggest day was -2.7% on 23 Jul 2008. Its median daily range was calmer than gold's median for all of 2008.
Key numbers
| Trading days counted | 23 |
| First open (1 Jul 2008) | US$925.40 |
| Last close (31 Jul 2008) | US$913.30 |
| Close before the month (30 Jun 2008) | US$924.60 |
| Month change | -1.22% · -US$11.30 |
| Month high (15 Jul 2008) | US$988.00 |
| Month low (30 Jul 2008) | US$893.60 |
| High to low span (US$ · % of the close before the month) | US$94.40 · 10.21% |
| Median daily move (either way) | 0.882% |
| Median daily range | 2.042% · US$19.00 |
| Median daily range for all of 2008 | 2.464% |
| Days moving 1%+ / 2%+ | 10 / 3 |
| Up days / down days | 13 / 10 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 10 Jul 2008 | +2% | US$18.60 |
| Worst day | 23 Jul 2008 | -2.7% | -US$25.50 |
| Widest high-low day | 22 Jul 2008 | 3.35% | US$32.40 |
July 2008 against every July, 2005–2024
Ranked against July in each of the 20 years from 2005 to 2024 (1 = highest): month change 15th, median daily range 2nd, high-low span 5th. Across those years the strongest July was 2020 (+10.92%) and the weakest 2015 (-6.52%).
July inside 2008
The median daily range in July 2008 was 2.042%, which is calmer than the median for all of 2008 (2.464%; ratio 0.83). By median daily range it was the 8th widest of the 12 months of 2008. The full year is on the gold in 2008 page.
Every trading day of July 2008
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Jul 2008 | US$939.30 | +1.59% | US$23.90 |
| 2 Jul 2008 | US$944.80 | +0.59% | US$13.90 |
| 3 Jul 2008 | US$933.50 | -1.2% | US$18.70 |
| 4 Jul 2008 | US$933.60 | +0.01% | US$7.30 |
| 7 Jul 2008 | US$926.00 | -0.81% | US$17.40 |
| 8 Jul 2008 | US$919.60 | -0.69% | US$20.40 |
| 9 Jul 2008 | US$928.00 | +0.91% | US$12.80 |
| 10 Jul 2008 | US$946.60 | +2% | US$22.20 |
| 11 Jul 2008 | US$963.70 | +1.81% | US$26.10 |
| 14 Jul 2008 | US$972.20 | +0.88% | US$21.20 |
| 15 Jul 2008 | US$977.00 | +0.49% | US$20.00 |
| 16 Jul 2008 | US$960.00 | -1.74% | US$23.60 |
| 17 Jul 2008 | US$958.10 | -0.2% | US$25.70 |
| 18 Jul 2008 | US$954.50 | -0.38% | US$14.80 |
| 21 Jul 2008 | US$966.30 | +1.24% | US$12.30 |
| 22 Jul 2008 | US$945.70 | -2.13% | US$32.40 |
| 23 Jul 2008 | US$920.20 | -2.7% | US$31.10 |
| 24 Jul 2008 | US$927.00 | +0.74% | US$14.30 |
| 25 Jul 2008 | US$929.10 | +0.23% | US$16.40 |
| 28 Jul 2008 | US$930.40 | +0.14% | US$10.10 |
| 29 Jul 2008 | US$917.30 | -1.41% | US$19.00 |
| 30 Jul 2008 | US$905.80 | -1.25% | US$25.70 |
| 31 Jul 2008 | US$913.30 | +0.83% | US$18.50 |
What this month means for an EA
The widest day, 22 Jul 2008, covered US$32.40 from high to low; the median day covered US$19.00. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$32.40 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in July 2008?
Down: the last close was US$913.30 on 31 Jul 2008, -1.22% (-US$11.30) against US$924.60 on 30 Jun 2008.
What were gold's high and low in July 2008?
High US$988.00 on 15 Jul 2008, low US$893.60 on 30 Jul 2008, a span of US$94.40.
What was gold's biggest day in July 2008?
23 Jul 2008: -2.7% (-US$25.50) close to close.