Investezo › Gold months › 2016 › March
Gold (XAUUSD) in March 2016: high, low and the biggest days
Gold ended March 2016 down 0.47% at US$1,232.44. It traded between US$1,208.15 on 28 Mar 2016 and US$1,283.36 on 11 Mar 2016, and its biggest day was +2.4% on 16 Mar 2016. Its median daily range was much wider than gold's median for all of 2016.
Key numbers
| Trading days counted | 22 |
| First open (1 Mar 2016) | US$1,239.05 |
| Last close (31 Mar 2016) | US$1,232.44 |
| Close before the month (29 Feb 2016) | US$1,238.30 |
| Month change | -0.47% · -US$5.86 |
| Month high (11 Mar 2016) | US$1,283.36 |
| Month low (28 Mar 2016) | US$1,208.15 |
| High to low span (US$ · % of the close before the month) | US$75.21 · 6.07% |
| Median daily move (either way) | 0.677% |
| Median daily range | 1.622% · US$20.05 |
| Median daily range for all of 2016 | 1.267% |
| Days moving 1%+ / 2%+ | 8 / 3 |
| Up days / down days | 9 / 13 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 16 Mar 2016 | +2.4% | US$29.60 |
| Worst day | 23 Mar 2016 | -2.23% | -US$27.87 |
| Widest high-low day | 16 Mar 2016 | 3.02% | US$37.22 |
March 2016 against every March, 2005–2024
Ranked against March in each of the 20 years from 2005 to 2024 (1 = highest): month change 10th, median daily range 6th, high-low span 11th. Across those years the strongest March was 2024 (+9.23%) and the weakest 2008 (-5.93%).
March inside 2016
The median daily range in March 2016 was 1.622%, which is much wider than the median for all of 2016 (1.267%; ratio 1.28). By median daily range it was the 2nd widest of the 12 months of 2016. The full year is on the gold in 2016 page.
Weekend gaps in March 2016
3 weekend gaps started on a Friday in this month. The largest came after Friday 11 Mar 2016: +0.18% (US$2.21). None reached 0.5%.
Every trading day of March 2016
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Mar 2016 | US$1,231.57 | -0.54% | US$21.37 |
| 2 Mar 2016 | US$1,240.09 | +0.69% | US$19.30 |
| 3 Mar 2016 | US$1,265.51 | +2.05% | US$30.90 |
| 4 Mar 2016 | US$1,258.78 | -0.53% | US$29.28 |
| 7 Mar 2016 | US$1,267.22 | +0.67% | US$16.45 |
| 8 Mar 2016 | US$1,261.50 | -0.45% | US$17.89 |
| 9 Mar 2016 | US$1,252.88 | -0.68% | US$21.97 |
| 10 Mar 2016 | US$1,271.98 | +1.52% | US$36.28 |
| 11 Mar 2016 | US$1,249.23 | -1.79% | US$35.20 |
| 14 Mar 2016 | US$1,235.00 | -1.14% | US$31.71 |
| 15 Mar 2016 | US$1,232.44 | -0.21% | US$12.40 |
| 16 Mar 2016 | US$1,262.04 | +2.4% | US$37.22 |
| 17 Mar 2016 | US$1,257.72 | -0.34% | US$16.51 |
| 18 Mar 2016 | US$1,255.04 | -0.21% | US$19.10 |
| 21 Mar 2016 | US$1,243.44 | -0.92% | US$14.78 |
| 22 Mar 2016 | US$1,248.00 | +0.37% | US$17.81 |
| 23 Mar 2016 | US$1,220.13 | -2.23% | US$34.00 |
| 24 Mar 2016 | US$1,217.12 | -0.25% | US$11.76 |
| 28 Mar 2016 | US$1,221.34 | +0.35% | US$14.90 |
| 29 Mar 2016 | US$1,240.72 | +1.59% | US$27.66 |
| 30 Mar 2016 | US$1,224.46 | -1.31% | US$20.81 |
| 31 Mar 2016 | US$1,232.44 | +0.65% | US$16.57 |
What this month means for an EA
The widest day, 16 Mar 2016, covered US$37.22 from high to low; the median day covered US$20.05. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$37.22 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in March 2016?
Down: the last close was US$1,232.44 on 31 Mar 2016, -0.47% (-US$5.86) against US$1,238.30 on 29 Feb 2016.
What were gold's high and low in March 2016?
High US$1,283.36 on 11 Mar 2016, low US$1,208.15 on 28 Mar 2016, a span of US$75.21.
What was gold's biggest day in March 2016?
16 Mar 2016: +2.4% (US$29.60) close to close.