Investezo › Gold months › 2020 › May
Gold (XAUUSD) in May 2020: high, low and the biggest days
Gold ended May 2020 up 2.64% at US$1,730.41. It traded between US$1,670.40 on 1 May 2020 and US$1,765.08 on 18 May 2020, and its biggest day was +1.78% on 7 May 2020. Its median daily range was calmer than gold's median for all of 2020.
Key numbers
| Trading days counted | 21 |
| First open (1 May 2020) | US$1,686.02 |
| Last close (29 May 2020) | US$1,730.41 |
| Close before the month (30 Apr 2020) | US$1,685.98 |
| Month change | +2.64% · US$44.43 |
| Month high (18 May 2020) | US$1,765.08 |
| Month low (1 May 2020) | US$1,670.40 |
| High to low span (US$ · % of the close before the month) | US$94.68 · 5.62% |
| Median daily move (either way) | 0.681% |
| Median daily range | 1.312% · US$22.43 |
| Median daily range for all of 2020 | 1.384% |
| Days moving 1%+ / 2%+ | 4 / 0 |
| Up days / down days | 13 / 8 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 7 May 2020 | +1.78% | US$30.06 |
| Worst day | 21 May 2020 | -1.17% | -US$20.45 |
| Widest high-low day | 7 May 2020 | 2.25% | US$37.87 |
May 2020 against every May, 2005–2024
Ranked against May in each of the 20 years from 2005 to 2024 (1 = highest): month change 4th, median daily range 12th, high-low span 15th. Across those years the strongest May was 2009 (+10.42%) and the weakest 2012 (-6.22%).
May inside 2020
The median daily range in May 2020 was 1.312%, which is calmer than the median for all of 2020 (1.384%; ratio 0.95). By median daily range it was the 8th widest of the 12 months of 2020. The full year is on the gold in 2020 page.
Weekend gaps in May 2020
5 weekend gaps started on a Friday in this month. The largest came after Friday 15 May 2020: +0.32% (US$5.51). None reached 0.5%.
Every trading day of May 2020
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 May 2020 | US$1,699.60 | +0.81% | US$35.07 |
| 4 May 2020 | US$1,701.00 | +0.08% | US$21.80 |
| 5 May 2020 | US$1,704.71 | +0.22% | US$22.41 |
| 6 May 2020 | US$1,685.19 | -1.15% | US$26.92 |
| 7 May 2020 | US$1,715.25 | +1.78% | US$37.87 |
| 8 May 2020 | US$1,702.09 | -0.77% | US$22.51 |
| 11 May 2020 | US$1,697.64 | -0.26% | US$20.27 |
| 12 May 2020 | US$1,702.26 | +0.27% | US$17.34 |
| 13 May 2020 | US$1,715.30 | +0.77% | US$19.15 |
| 14 May 2020 | US$1,730.06 | +0.86% | US$25.39 |
| 15 May 2020 | US$1,741.85 | +0.68% | US$23.07 |
| 18 May 2020 | US$1,732.20 | -0.55% | US$37.58 |
| 19 May 2020 | US$1,744.24 | +0.7% | US$22.43 |
| 20 May 2020 | US$1,747.21 | +0.17% | US$11.50 |
| 21 May 2020 | US$1,726.76 | -1.17% | US$31.69 |
| 22 May 2020 | US$1,735.45 | +0.5% | US$15.84 |
| 25 May 2020 | US$1,728.22 | -0.42% | US$11.79 |
| 26 May 2020 | US$1,710.31 | -1.04% | US$26.76 |
| 27 May 2020 | US$1,709.57 | -0.04% | US$22.37 |
| 28 May 2020 | US$1,718.68 | +0.53% | US$20.30 |
| 29 May 2020 | US$1,730.41 | +0.68% | US$24.94 |
What this month means for an EA
The widest day, 7 May 2020, covered US$37.87 from high to low; the median day covered US$22.43. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$37.87 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in May 2020?
Up: the last close was US$1,730.41 on 29 May 2020, +2.64% (US$44.43) against US$1,685.98 on 30 Apr 2020.
What were gold's high and low in May 2020?
High US$1,765.08 on 18 May 2020, low US$1,670.40 on 1 May 2020, a span of US$94.68.
What was gold's biggest day in May 2020?
7 May 2020: +1.78% (US$30.06) close to close.