Investezo › Gold months › 2023 › January
Gold (XAUUSD) in January 2023: high, low and the biggest days
Gold ended January 2023 up 5.7% at US$1,928.10. It traded between US$1,823.52 on 3 Jan 2023 and US$1,949.09 on 26 Jan 2023, and its biggest day was +1.81% on 6 Jan 2023. Its median daily range was much wider than gold's median for all of 2023.
Key numbers
| Trading days counted | 21 |
| First open (3 Jan 2023) | US$1,826.57 |
| Last close (31 Jan 2023) | US$1,928.10 |
| Close before the month (30 Dec 2022) | US$1,824.20 |
| Month change | +5.7% · US$103.90 |
| Month high (26 Jan 2023) | US$1,949.09 |
| Month low (3 Jan 2023) | US$1,823.52 |
| High to low span (US$ · % of the close before the month) | US$125.57 · 6.88% |
| Median daily move (either way) | 0.332% |
| Median daily range | 1.438% · US$26.47 |
| Median daily range for all of 2023 | 1.077% |
| Days moving 1%+ / 2%+ | 5 / 0 |
| Up days / down days | 12 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 6 Jan 2023 | +1.81% | US$33.11 |
| Worst day | 5 Jan 2023 | -1.17% | -US$21.76 |
| Widest high-low day | 6 Jan 2023 | 2.1% | US$38.56 |
January 2023 against every January, 2005–2024
Ranked against January in each of the 20 years from 2005 to 2024 (1 = highest): month change 6th, median daily range 9th, high-low span 10th. Across those years the strongest January was 2008 (+11.14%) and the weakest 2011 (-5.38%).
January inside 2023
The median daily range in January 2023 was 1.438%, which is much wider than the median for all of 2023 (1.077%; ratio 1.34). By median daily range it was the widest of the 12 months of 2023. The full year is on the gold in 2023 page.
Weekend gaps in January 2023
4 weekend gaps started on a Friday in this month. The largest came after Friday 6 Jan 2023: +0.09% (US$1.69). None reached 0.5%.
Every trading day of January 2023
| Date | Close | Move | High-low |
|---|---|---|---|
| 3 Jan 2023 | US$1,839.47 | +0.84% | US$26.47 |
| 4 Jan 2023 | US$1,854.68 | +0.83% | US$28.94 |
| 5 Jan 2023 | US$1,832.92 | -1.17% | US$33.92 |
| 6 Jan 2023 | US$1,866.03 | +1.81% | US$38.56 |
| 9 Jan 2023 | US$1,871.67 | +0.3% | US$15.14 |
| 10 Jan 2023 | US$1,876.91 | +0.28% | US$13.05 |
| 11 Jan 2023 | US$1,875.65 | -0.07% | US$19.48 |
| 12 Jan 2023 | US$1,896.75 | +1.12% | US$26.98 |
| 13 Jan 2023 | US$1,920.29 | +1.24% | US$29.57 |
| 16 Jan 2023 | US$1,915.45 | -0.25% | US$18.11 |
| 17 Jan 2023 | US$1,908.59 | -0.36% | US$15.18 |
| 18 Jan 2023 | US$1,904.16 | -0.23% | US$29.30 |
| 19 Jan 2023 | US$1,932.12 | +1.47% | US$34.19 |
| 20 Jan 2023 | US$1,925.92 | -0.32% | US$16.85 |
| 23 Jan 2023 | US$1,930.85 | +0.26% | US$24.19 |
| 24 Jan 2023 | US$1,937.26 | +0.33% | US$25.36 |
| 25 Jan 2023 | US$1,946.08 | +0.46% | US$28.18 |
| 26 Jan 2023 | US$1,928.94 | -0.88% | US$30.47 |
| 27 Jan 2023 | US$1,928.30 | -0.03% | US$18.52 |
| 30 Jan 2023 | US$1,923.23 | -0.26% | US$13.81 |
| 31 Jan 2023 | US$1,928.10 | +0.25% | US$30.33 |
What this month means for an EA
The widest day, 6 Jan 2023, covered US$38.56 from high to low; the median day covered US$26.47. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$38.56 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in January 2023?
Up: the last close was US$1,928.10 on 31 Jan 2023, +5.7% (US$103.90) against US$1,824.20 on 30 Dec 2022.
What were gold's high and low in January 2023?
High US$1,949.09 on 26 Jan 2023, low US$1,823.52 on 3 Jan 2023, a span of US$125.57.
What was gold's biggest day in January 2023?
6 Jan 2023: +1.81% (US$33.11) close to close.