Investezo › Gold months › 2008 › September
Gold (XAUUSD) in September 2008: high, low and the biggest days
Gold ended September 2008 up 4.84% at US$870.90. It traded between US$735.90 on 11 Sep 2008 and US$923.90 on 29 Sep 2008, and its biggest day was +10.99% on 17 Sep 2008. Its median daily range was much wider than gold's median for all of 2008.
Key numbers
| Trading days counted | 22 |
| First open (1 Sep 2008) | US$833.80 |
| Last close (30 Sep 2008) | US$870.90 |
| Close before the month (29 Aug 2008) | US$830.70 |
| Month change | +4.84% · US$40.20 |
| Month high (29 Sep 2008) | US$923.90 |
| Month low (11 Sep 2008) | US$735.90 |
| High to low span (US$ · % of the close before the month) | US$188.00 · 22.63% |
| Median daily move (either way) | 1.472% |
| Median daily range | 3.589% · US$29.05 |
| Median daily range for all of 2008 | 2.464% |
| Days moving 1%+ / 2%+ | 16 / 9 |
| Up days / down days | 8 / 14 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 17 Sep 2008 | +10.99% | US$85.50 |
| Worst day | 30 Sep 2008 | -3.84% | -US$34.80 |
| Widest high-low day | 17 Sep 2008 | 11.71% | US$91.10 |
September 2008 against every September, 2005–2024
Ranked against September in each of the 20 years from 2005 to 2024 (1 = highest): month change 6th, median daily range 1st, high-low span 1st. Across those years the strongest September was 2007 (+10.42%) and the weakest 2011 (-11.01%).
September inside 2008
The median daily range in September 2008 was 3.589%, which is much wider than the median for all of 2008 (2.464%; ratio 1.46). By median daily range it was the 3rd widest of the 12 months of 2008. The full year is on the gold in 2008 page.
Every trading day of September 2008
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Sep 2008 | US$817.60 | -1.58% | US$19.70 |
| 2 Sep 2008 | US$804.50 | -1.6% | US$29.20 |
| 3 Sep 2008 | US$802.30 | -0.27% | US$18.90 |
| 4 Sep 2008 | US$793.00 | -1.16% | US$21.40 |
| 5 Sep 2008 | US$803.30 | +1.3% | US$28.60 |
| 8 Sep 2008 | US$801.80 | -0.19% | US$21.20 |
| 9 Sep 2008 | US$775.80 | -3.24% | US$29.00 |
| 10 Sep 2008 | US$752.10 | -3.05% | US$32.10 |
| 11 Sep 2008 | US$747.30 | -0.64% | US$21.80 |
| 12 Sep 2008 | US$764.90 | +2.36% | US$20.30 |
| 15 Sep 2008 | US$787.30 | +2.93% | US$23.10 |
| 16 Sep 2008 | US$778.00 | -1.18% | US$17.60 |
| 17 Sep 2008 | US$863.50 | +10.99% | US$91.10 |
| 18 Sep 2008 | US$851.70 | -1.37% | US$73.80 |
| 19 Sep 2008 | US$872.80 | +2.48% | US$53.00 |
| 22 Sep 2008 | US$897.60 | +2.84% | US$46.70 |
| 23 Sep 2008 | US$891.30 | -0.7% | US$29.10 |
| 24 Sep 2008 | US$881.00 | -1.16% | US$25.60 |
| 25 Sep 2008 | US$876.30 | -0.53% | US$33.70 |
| 26 Sep 2008 | US$877.80 | +0.17% | US$45.60 |
| 29 Sep 2008 | US$905.70 | +3.18% | US$57.10 |
| 30 Sep 2008 | US$870.90 | -3.84% | US$57.70 |
What this month means for an EA
The widest day, 17 Sep 2008, covered US$91.10 from high to low; the median day covered US$29.05. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$91.10 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in September 2008?
Up: the last close was US$870.90 on 30 Sep 2008, +4.84% (US$40.20) against US$830.70 on 29 Aug 2008.
What were gold's high and low in September 2008?
High US$923.90 on 29 Sep 2008, low US$735.90 on 11 Sep 2008, a span of US$188.00.
What was gold's biggest day in September 2008?
17 Sep 2008: +10.99% (US$85.50) close to close.