Investezo › Gold months › 2008 › December
Gold (XAUUSD) in December 2008: high, low and the biggest days
Gold ended December 2008 up 6.23% at US$866.80. It traded between US$741.10 on 5 Dec 2008 and US$887.80 on 29 Dec 2008, and its biggest day was -5.8% on 1 Dec 2008. Its median daily range was wider than gold's median for all of 2008.
Key numbers
| Trading days counted | 22 |
| First open (1 Dec 2008) | US$815.10 |
| Last close (31 Dec 2008) | US$866.80 |
| Close before the month (27 Nov 2008) | US$816.00 |
| Month change | +6.23% · US$50.80 |
| Month high (29 Dec 2008) | US$887.80 |
| Month low (5 Dec 2008) | US$741.10 |
| High to low span (US$ · % of the close before the month) | US$146.70 · 17.98% |
| Median daily move (either way) | 1.283% |
| Median daily range | 2.665% · US$22.20 |
| Median daily range for all of 2008 | 2.464% |
| Days moving 1%+ / 2%+ | 15 / 5 |
| Up days / down days | 13 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 10 Dec 2008 | +4.26% | US$33.10 |
| Worst day | 1 Dec 2008 | -5.8% | -US$47.30 |
| Widest high-low day | 1 Dec 2008 | 5.88% | US$48.00 |
December 2008 against every December, 2005–2024
Ranked against December in each of the 20 years from 2005 to 2024 (1 = highest): month change 3rd, median daily range 1st, high-low span 1st. Across those years the strongest December was 2020 (+6.51%) and the weakest 2011 (-10.42%).
December inside 2008
The median daily range in December 2008 was 2.665%, which is wider than the median for all of 2008 (2.464%; ratio 1.08). By median daily range it was the 4th widest of the 12 months of 2008. The full year is on the gold in 2008 page.
Every trading day of December 2008
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Dec 2008 | US$768.70 | -5.8% | US$48.00 |
| 2 Dec 2008 | US$781.80 | +1.7% | US$23.60 |
| 3 Dec 2008 | US$773.90 | -1.01% | US$18.90 |
| 4 Dec 2008 | US$766.30 | -0.98% | US$19.70 |
| 5 Dec 2008 | US$755.70 | -1.38% | US$31.40 |
| 8 Dec 2008 | US$771.90 | +2.14% | US$23.50 |
| 9 Dec 2008 | US$776.20 | +0.56% | US$17.40 |
| 10 Dec 2008 | US$809.30 | +4.26% | US$38.10 |
| 11 Dec 2008 | US$819.90 | +1.31% | US$32.70 |
| 12 Dec 2008 | US$821.30 | +0.17% | US$20.90 |
| 15 Dec 2008 | US$836.60 | +1.86% | US$19.80 |
| 16 Dec 2008 | US$856.70 | +2.4% | US$29.10 |
| 17 Dec 2008 | US$867.30 | +1.24% | US$35.40 |
| 18 Dec 2008 | US$852.20 | -1.74% | US$29.70 |
| 19 Dec 2008 | US$837.50 | -1.72% | US$23.70 |
| 22 Dec 2008 | US$847.00 | +1.13% | US$11.60 |
| 23 Dec 2008 | US$839.70 | -0.86% | US$17.60 |
| 24 Dec 2008 | US$847.40 | +0.92% | US$13.90 |
| 26 Dec 2008 | US$867.00 | +2.31% | US$28.50 |
| 29 Dec 2008 | US$877.90 | +1.26% | US$15.40 |
| 30 Dec 2008 | US$871.40 | -0.74% | US$16.60 |
| 31 Dec 2008 | US$866.80 | -0.53% | US$15.50 |
What this month means for an EA
The widest day, 1 Dec 2008, covered US$48.00 from high to low; the median day covered US$22.20. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$48.00 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in December 2008?
Up: the last close was US$866.80 on 31 Dec 2008, +6.23% (US$50.80) against US$816.00 on 27 Nov 2008.
What were gold's high and low in December 2008?
High US$887.80 on 29 Dec 2008, low US$741.10 on 5 Dec 2008, a span of US$146.70.
What was gold's biggest day in December 2008?
1 Dec 2008: -5.8% (-US$47.30) close to close.