Investezo › Gold months › 2020 › October
Gold (XAUUSD) in October 2020: high, low and the biggest days
Gold ended October 2020 down 0.36% at US$1,878.37. It traded between US$1,859.92 on 29 Oct 2020 and US$1,933.18 on 12 Oct 2020, and its biggest day was +1.92% on 9 Oct 2020. Its median daily range was about the same as gold's median for all of 2020.
Key numbers
| Trading days counted | 22 |
| First open (1 Oct 2020) | US$1,887.32 |
| Last close (30 Oct 2020) | US$1,878.37 |
| Close before the month (30 Sep 2020) | US$1,885.23 |
| Month change | -0.36% · -US$6.86 |
| Month high (12 Oct 2020) | US$1,933.18 |
| Month low (29 Oct 2020) | US$1,859.92 |
| High to low span (US$ · % of the close before the month) | US$73.26 · 3.89% |
| Median daily move (either way) | 0.507% |
| Median daily range | 1.335% · US$25.06 |
| Median daily range for all of 2020 | 1.384% |
| Days moving 1%+ / 2%+ | 6 / 0 |
| Up days / down days | 13 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 9 Oct 2020 | +1.92% | US$36.37 |
| Worst day | 6 Oct 2020 | -1.89% | -US$36.09 |
| Widest high-low day | 6 Oct 2020 | 2.32% | US$44.31 |
October 2020 against every October, 2005–2024
Ranked against October in each of the 20 years from 2005 to 2024 (1 = highest): month change 12th, median daily range 9th, high-low span 18th. Across those years the strongest October was 2023 (+7.31%) and the weakest 2008 (-16.9%).
October inside 2020
The median daily range in October 2020 was 1.335%, which is about the same as the median for all of 2020 (1.384%; ratio 0.96). By median daily range it was the 7th widest of the 12 months of 2020. The full year is on the gold in 2020 page.
Weekend gaps in October 2020
5 weekend gaps started on a Friday in this month. The largest came after Friday 9 Oct 2020: -0.15% (-US$2.98). None reached 0.5%.
Every trading day of October 2020
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Oct 2020 | US$1,905.94 | +1.1% | US$27.45 |
| 2 Oct 2020 | US$1,900.58 | -0.28% | US$27.34 |
| 5 Oct 2020 | US$1,913.65 | +0.69% | US$31.68 |
| 6 Oct 2020 | US$1,877.56 | -1.89% | US$44.31 |
| 7 Oct 2020 | US$1,887.83 | +0.55% | US$25.07 |
| 8 Oct 2020 | US$1,893.50 | +0.3% | US$18.62 |
| 9 Oct 2020 | US$1,929.87 | +1.92% | US$36.83 |
| 12 Oct 2020 | US$1,922.63 | -0.38% | US$14.98 |
| 13 Oct 2020 | US$1,891.07 | -1.64% | US$39.00 |
| 14 Oct 2020 | US$1,900.49 | +0.5% | US$30.48 |
| 15 Oct 2020 | US$1,907.92 | +0.39% | US$19.42 |
| 16 Oct 2020 | US$1,898.76 | -0.48% | US$16.16 |
| 19 Oct 2020 | US$1,903.44 | +0.25% | US$21.49 |
| 20 Oct 2020 | US$1,907.53 | +0.21% | US$19.22 |
| 21 Oct 2020 | US$1,924.60 | +0.89% | US$22.95 |
| 22 Oct 2020 | US$1,903.67 | -1.09% | US$31.44 |
| 23 Oct 2020 | US$1,901.41 | -0.12% | US$19.90 |
| 26 Oct 2020 | US$1,901.68 | +0.01% | US$17.31 |
| 27 Oct 2020 | US$1,907.35 | +0.3% | US$13.58 |
| 28 Oct 2020 | US$1,876.81 | -1.6% | US$41.51 |
| 29 Oct 2020 | US$1,867.11 | -0.52% | US$25.05 |
| 30 Oct 2020 | US$1,878.37 | +0.6% | US$25.34 |
What this month means for an EA
The widest day, 6 Oct 2020, covered US$44.31 from high to low; the median day covered US$25.06. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$44.31 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in October 2020?
Down: the last close was US$1,878.37 on 30 Oct 2020, -0.36% (-US$6.86) against US$1,885.23 on 30 Sep 2020.
What were gold's high and low in October 2020?
High US$1,933.18 on 12 Oct 2020, low US$1,859.92 on 29 Oct 2020, a span of US$73.26.
What was gold's biggest day in October 2020?
9 Oct 2020: +1.92% (US$36.37) close to close.