Investezo › Gold months › 2011 › August
Gold (XAUUSD) in August 2011: high, low and the biggest days
Gold ended August 2011 up 12.19% at US$1,824.56. It traded between US$1,607.88 on 1 Aug 2011 and US$1,911.63 on 23 Aug 2011, and its biggest day was -3.79% on 24 Aug 2011. Its median daily range was much wider than gold's median for all of 2011.
Key numbers
| Trading days counted | 23 |
| First open (1 Aug 2011) | US$1,610.20 |
| Last close (31 Aug 2011) | US$1,824.56 |
| Close before the month (29 Jul 2011) | US$1,626.27 |
| Month change | +12.19% · US$198.29 |
| Month high (23 Aug 2011) | US$1,911.63 |
| Month low (1 Aug 2011) | US$1,607.88 |
| High to low span (US$ · % of the close before the month) | US$303.75 · 18.68% |
| Median daily move (either way) | 1.513% |
| Median daily range | 2.503% · US$44.14 |
| Median daily range for all of 2011 | 1.523% |
| Days moving 1%+ / 2%+ | 17 / 9 |
| Up days / down days | 15 / 8 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 8 Aug 2011 | +3.17% | US$52.78 |
| Worst day | 24 Aug 2011 | -3.79% | -US$69.42 |
| Widest high-low day | 24 Aug 2011 | 5.69% | US$104.01 |
August 2011 against every August, 2005–2024
Ranked against August in each of the 20 years from 2005 to 2024 (1 = highest): month change 1st, median daily range 1st, high-low span 1st. Across those years the strongest August was 2011 (+12.19%) and the weakest 2008 (-9.04%).
August inside 2011
The median daily range in August 2011 was 2.503%, which is much wider than the median for all of 2011 (1.523%; ratio 1.64). By median daily range it was the 2nd widest of the 12 months of 2011. The full year is on the gold in 2011 page.
Every trading day of August 2011
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Aug 2011 | US$1,619.78 | -0.4% | US$23.77 |
| 2 Aug 2011 | US$1,658.29 | +2.38% | US$42.54 |
| 3 Aug 2011 | US$1,660.87 | +0.16% | US$20.62 |
| 4 Aug 2011 | US$1,646.86 | -0.84% | US$40.43 |
| 5 Aug 2011 | US$1,665.12 | +1.11% | US$27.99 |
| 8 Aug 2011 | US$1,717.90 | +3.17% | US$37.73 |
| 9 Aug 2011 | US$1,738.40 | +1.19% | US$62.38 |
| 10 Aug 2011 | US$1,792.09 | +3.09% | US$59.59 |
| 11 Aug 2011 | US$1,763.58 | -1.59% | US$81.21 |
| 12 Aug 2011 | US$1,742.98 | -1.17% | US$44.14 |
| 15 Aug 2011 | US$1,765.33 | +1.28% | US$38.03 |
| 16 Aug 2011 | US$1,784.41 | +1.08% | US$25.79 |
| 17 Aug 2011 | US$1,790.62 | +0.35% | US$15.49 |
| 18 Aug 2011 | US$1,823.92 | +1.86% | US$44.51 |
| 19 Aug 2011 | US$1,851.51 | +1.51% | US$55.76 |
| 22 Aug 2011 | US$1,896.45 | +2.43% | US$39.84 |
| 23 Aug 2011 | US$1,829.31 | -3.54% | US$88.29 |
| 24 Aug 2011 | US$1,759.89 | -3.79% | US$104.01 |
| 25 Aug 2011 | US$1,770.07 | +0.58% | US$71.24 |
| 26 Aug 2011 | US$1,825.27 | +3.12% | US$69.88 |
| 29 Aug 2011 | US$1,786.78 | -2.11% | US$58.47 |
| 30 Aug 2011 | US$1,834.24 | +2.66% | US$56.02 |
| 31 Aug 2011 | US$1,824.56 | -0.53% | US$26.41 |
What this month means for an EA
The widest day, 24 Aug 2011, covered US$104.01 from high to low; the median day covered US$44.14. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$104.01 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in August 2011?
Up: the last close was US$1,824.56 on 31 Aug 2011, +12.19% (US$198.29) against US$1,626.27 on 29 Jul 2011.
What were gold's high and low in August 2011?
High US$1,911.63 on 23 Aug 2011, low US$1,607.88 on 1 Aug 2011, a span of US$303.75.
What was gold's biggest day in August 2011?
24 Aug 2011: -3.79% (-US$69.42) close to close.