Investezo › Gold months › 2016 › May
Gold (XAUUSD) in May 2016: high, low and the biggest days
Gold ended May 2016 down 6.08% at US$1,215.08. It traded between US$1,199.62 on 30 May 2016 and US$1,303.65 on 2 May 2016, and its biggest day was -1.99% on 9 May 2016. Its median daily range was wider than gold's median for all of 2016.
Key numbers
| Trading days counted | 22 |
| First open (2 May 2016) | US$1,292.65 |
| Last close (31 May 2016) | US$1,215.08 |
| Close before the month (29 Apr 2016) | US$1,293.68 |
| Month change | -6.08% · -US$78.60 |
| Month high (2 May 2016) | US$1,303.65 |
| Month low (30 May 2016) | US$1,199.62 |
| High to low span (US$ · % of the close before the month) | US$104.03 · 8.04% |
| Median daily move (either way) | 0.414% |
| Median daily range | 1.335% · US$16.46 |
| Median daily range for all of 2016 | 1.267% |
| Days moving 1%+ / 2%+ | 4 / 0 |
| Up days / down days | 7 / 15 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 11 May 2016 | +0.87% | US$10.97 |
| Worst day | 9 May 2016 | -1.99% | -US$25.71 |
| Widest high-low day | 18 May 2016 | 2.06% | US$26.30 |
May 2016 against every May, 2005–2024
Ranked against May in each of the 20 years from 2005 to 2024 (1 = highest): month change 19th, median daily range 10th, high-low span 7th. Across those years the strongest May was 2009 (+10.42%) and the weakest 2012 (-6.22%).
May inside 2016
The median daily range in May 2016 was 1.335%, which is wider than the median for all of 2016 (1.267%; ratio 1.05). By median daily range it was the 6th widest of the 12 months of 2016. The full year is on the gold in 2016 page.
Weekend gaps in May 2016
4 weekend gaps started on a Friday in this month. The largest came after Friday 6 May 2016: -0.36% (-US$4.61). None reached 0.5%.
Every trading day of May 2016
| Date | Close | Move | High-low |
|---|---|---|---|
| 2 May 2016 | US$1,291.24 | -0.19% | US$16.09 |
| 3 May 2016 | US$1,286.33 | -0.38% | US$19.50 |
| 4 May 2016 | US$1,279.71 | -0.51% | US$18.03 |
| 5 May 2016 | US$1,278.09 | -0.13% | US$17.58 |
| 6 May 2016 | US$1,288.80 | +0.84% | US$21.09 |
| 9 May 2016 | US$1,263.09 | -1.99% | US$26.25 |
| 10 May 2016 | US$1,266.15 | +0.24% | US$12.83 |
| 11 May 2016 | US$1,277.12 | +0.87% | US$14.30 |
| 12 May 2016 | US$1,263.42 | -1.07% | US$19.00 |
| 13 May 2016 | US$1,273.30 | +0.78% | US$13.38 |
| 16 May 2016 | US$1,273.62 | +0.03% | US$17.70 |
| 17 May 2016 | US$1,279.26 | +0.44% | US$13.25 |
| 18 May 2016 | US$1,257.88 | -1.67% | US$26.30 |
| 19 May 2016 | US$1,254.20 | -0.29% | US$17.57 |
| 20 May 2016 | US$1,251.91 | -0.18% | US$11.38 |
| 23 May 2016 | US$1,249.00 | -0.23% | US$12.86 |
| 24 May 2016 | US$1,226.70 | -1.79% | US$25.90 |
| 25 May 2016 | US$1,224.33 | -0.19% | US$12.34 |
| 26 May 2016 | US$1,219.62 | -0.38% | US$15.87 |
| 27 May 2016 | US$1,211.64 | -0.65% | US$16.83 |
| 30 May 2016 | US$1,207.40 | -0.35% | US$13.74 |
| 31 May 2016 | US$1,215.08 | +0.64% | US$11.12 |
What this month means for an EA
The widest day, 18 May 2016, covered US$26.30 from high to low; the median day covered US$16.46. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$26.30 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in May 2016?
Down: the last close was US$1,215.08 on 31 May 2016, -6.08% (-US$78.60) against US$1,293.68 on 29 Apr 2016.
What were gold's high and low in May 2016?
High US$1,303.65 on 2 May 2016, low US$1,199.62 on 30 May 2016, a span of US$104.03.
What was gold's biggest day in May 2016?
9 May 2016: -1.99% (-US$25.71) close to close.