Investezo › Gold months › 2020 › August
Gold (XAUUSD) in August 2020: high, low and the biggest days
Gold ended August 2020 down 0.34% at US$1,968.22. It traded between US$1,862.58 on 12 Aug 2020 and US$2,074.87 on 7 Aug 2020, and its biggest day was -5.67% on 11 Aug 2020. Its median daily range was much wider than gold's median for all of 2020.
Key numbers
| Trading days counted | 21 |
| First open (3 Aug 2020) | US$1,983.53 |
| Last close (31 Aug 2020) | US$1,968.22 |
| Close before the month (31 Jul 2020) | US$1,975.02 |
| Month change | -0.34% · -US$6.80 |
| Month high (7 Aug 2020) | US$2,074.87 |
| Month low (12 Aug 2020) | US$1,862.58 |
| High to low span (US$ · % of the close before the month) | US$212.29 · 10.75% |
| Median daily move (either way) | 1.012% |
| Median daily range | 2.297% · US$46.18 |
| Median daily range for all of 2020 | 1.384% |
| Days moving 1%+ / 2%+ | 11 / 4 |
| Up days / down days | 12 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 4 Aug 2020 | +2.15% | US$42.55 |
| Worst day | 11 Aug 2020 | -5.67% | -US$115.04 |
| Widest high-low day | 11 Aug 2020 | 6.35% | US$128.67 |
August 2020 against every August, 2005–2024
Ranked against August in each of the 20 years from 2005 to 2024 (1 = highest): month change 14th, median daily range 3rd, high-low span 5th. Across those years the strongest August was 2011 (+12.19%) and the weakest 2008 (-9.04%).
August inside 2020
The median daily range in August 2020 was 2.297%, which is much wider than the median for all of 2020 (1.384%; ratio 1.66). By median daily range it was the 2nd widest of the 12 months of 2020. The full year is on the gold in 2020 page.
Weekend gaps in August 2020
4 weekend gaps started on a Friday in this month. The largest came after Friday 7 Aug 2020: -0.34% (-US$6.84). None reached 0.5%.
Every trading day of August 2020
| Date | Close | Move | High-low |
|---|---|---|---|
| 3 Aug 2020 | US$1,975.98 | +0.05% | US$24.51 |
| 4 Aug 2020 | US$2,018.53 | +2.15% | US$53.16 |
| 5 Aug 2020 | US$2,038.96 | +1.01% | US$46.18 |
| 6 Aug 2020 | US$2,063.25 | +1.19% | US$35.30 |
| 7 Aug 2020 | US$2,033.15 | -1.46% | US$59.50 |
| 10 Aug 2020 | US$2,027.61 | -0.27% | US$30.70 |
| 11 Aug 2020 | US$1,912.57 | -5.67% | US$128.67 |
| 12 Aug 2020 | US$1,918.98 | +0.34% | US$86.90 |
| 13 Aug 2020 | US$1,953.64 | +1.81% | US$53.50 |
| 14 Aug 2020 | US$1,943.57 | -0.52% | US$30.30 |
| 17 Aug 2020 | US$1,984.43 | +2.1% | US$61.28 |
| 18 Aug 2020 | US$2,002.22 | +0.9% | US$39.71 |
| 19 Aug 2020 | US$1,927.66 | -3.72% | US$81.86 |
| 20 Aug 2020 | US$1,946.17 | +0.96% | US$30.72 |
| 21 Aug 2020 | US$1,938.98 | -0.37% | US$44.71 |
| 24 Aug 2020 | US$1,928.38 | -0.55% | US$38.14 |
| 25 Aug 2020 | US$1,926.87 | -0.08% | US$23.30 |
| 26 Aug 2020 | US$1,953.14 | +1.36% | US$52.18 |
| 27 Aug 2020 | US$1,928.32 | -1.27% | US$66.74 |
| 28 Aug 2020 | US$1,964.34 | +1.87% | US$50.63 |
| 31 Aug 2020 | US$1,968.22 | +0.2% | US$22.31 |
What this month means for an EA
The widest day, 11 Aug 2020, covered US$128.67 from high to low; the median day covered US$46.18. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$128.67 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in August 2020?
Down: the last close was US$1,968.22 on 31 Aug 2020, -0.34% (-US$6.80) against US$1,975.02 on 31 Jul 2020.
What were gold's high and low in August 2020?
High US$2,074.87 on 7 Aug 2020, low US$1,862.58 on 12 Aug 2020, a span of US$212.29.
What was gold's biggest day in August 2020?
11 Aug 2020: -5.67% (-US$115.04) close to close.