Investezo › Gold months › 2016 › January
Gold (XAUUSD) in January 2016: high, low and the biggest days
Gold ended January 2016 up 5.39% at US$1,117.99. It traded between US$1,061.66 on 4 Jan 2016 and US$1,127.94 on 27 Jan 2016, and its biggest day was -1.51% on 14 Jan 2016. Its median daily range was wider than gold's median for all of 2016.
Key numbers
| Trading days counted | 20 |
| First open (4 Jan 2016) | US$1,064.88 |
| Last close (29 Jan 2016) | US$1,117.99 |
| Close before the month (31 Dec 2015) | US$1,060.81 |
| Month change | +5.39% · US$57.18 |
| Month high (27 Jan 2016) | US$1,127.94 |
| Month low (4 Jan 2016) | US$1,061.66 |
| High to low span (US$ · % of the close before the month) | US$66.28 · 6.25% |
| Median daily move (either way) | 0.653% |
| Median daily range | 1.362% · US$14.98 |
| Median daily range for all of 2016 | 1.267% |
| Days moving 1%+ / 2%+ | 7 / 0 |
| Up days / down days | 13 / 7 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 7 Jan 2016 | +1.46% | US$15.92 |
| Worst day | 14 Jan 2016 | -1.51% | -US$16.47 |
| Widest high-low day | 14 Jan 2016 | 2.18% | US$23.82 |
January 2016 against every January, 2005–2024
Ranked against January in each of the 20 years from 2005 to 2024 (1 = highest): month change 7th, median daily range 11th, high-low span 12th. Across those years the strongest January was 2008 (+11.14%) and the weakest 2011 (-5.38%).
January inside 2016
The median daily range in January 2016 was 1.362%, which is wider than the median for all of 2016 (1.267%; ratio 1.07). By median daily range it was the 5th widest of the 12 months of 2016. The full year is on the gold in 2016 page.
Weekend gaps in January 2016
4 weekend gaps started on a Friday in this month. The largest came after Friday 8 Jan 2016: +0.32% (US$3.55). None reached 0.5%.
Every trading day of January 2016
| Date | Close | Move | High-low |
|---|---|---|---|
| 4 Jan 2016 | US$1,074.43 | +1.28% | US$21.78 |
| 5 Jan 2016 | US$1,078.07 | +0.34% | US$9.34 |
| 6 Jan 2016 | US$1,093.01 | +1.39% | US$20.24 |
| 7 Jan 2016 | US$1,108.93 | +1.46% | US$18.68 |
| 8 Jan 2016 | US$1,103.85 | -0.46% | US$21.34 |
| 11 Jan 2016 | US$1,095.40 | -0.77% | US$14.22 |
| 12 Jan 2016 | US$1,089.48 | -0.54% | US$15.73 |
| 13 Jan 2016 | US$1,093.65 | +0.38% | US$15.69 |
| 14 Jan 2016 | US$1,077.18 | -1.51% | US$23.82 |
| 15 Jan 2016 | US$1,088.72 | +1.07% | US$21.14 |
| 18 Jan 2016 | US$1,088.88 | +0.01% | US$5.75 |
| 19 Jan 2016 | US$1,087.18 | -0.16% | US$12.00 |
| 20 Jan 2016 | US$1,100.83 | +1.26% | US$22.04 |
| 21 Jan 2016 | US$1,101.16 | +0.03% | US$12.08 |
| 22 Jan 2016 | US$1,097.78 | -0.31% | US$8.81 |
| 25 Jan 2016 | US$1,107.67 | +0.9% | US$11.75 |
| 26 Jan 2016 | US$1,120.09 | +1.12% | US$15.93 |
| 27 Jan 2016 | US$1,124.76 | +0.42% | US$13.13 |
| 28 Jan 2016 | US$1,114.28 | -0.93% | US$14.26 |
| 29 Jan 2016 | US$1,117.99 | +0.33% | US$10.06 |
What this month means for an EA
The widest day, 14 Jan 2016, covered US$23.82 from high to low; the median day covered US$14.98. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$23.82 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in January 2016?
Up: the last close was US$1,117.99 on 29 Jan 2016, +5.39% (US$57.18) against US$1,060.81 on 31 Dec 2015.
What were gold's high and low in January 2016?
High US$1,127.94 on 27 Jan 2016, low US$1,061.66 on 4 Jan 2016, a span of US$66.28.
What was gold's biggest day in January 2016?
14 Jan 2016: -1.51% (-US$16.47) close to close.