Investezo › Gold months › 2023 › February
Gold (XAUUSD) in February 2023: high, low and the biggest days
Gold ended February 2023 down 5.27% at US$1,826.50. It traded between US$1,804.69 on 28 Feb 2023 and US$1,959.68 on 2 Feb 2023, and its biggest day was -2.45% on 3 Feb 2023. Its median daily range was about the same as gold's median for all of 2023.
Key numbers
| Trading days counted | 20 |
| First open (1 Feb 2023) | US$1,928.01 |
| Last close (28 Feb 2023) | US$1,826.50 |
| Close before the month (31 Jan 2023) | US$1,928.10 |
| Month change | -5.27% · -US$101.60 |
| Month high (2 Feb 2023) | US$1,959.68 |
| Month low (28 Feb 2023) | US$1,804.69 |
| High to low span (US$ · % of the close before the month) | US$154.99 · 8.04% |
| Median daily move (either way) | 0.351% |
| Median daily range | 1.042% · US$19.42 |
| Median daily range for all of 2023 | 1.077% |
| Days moving 1%+ / 2%+ | 3 / 1 |
| Up days / down days | 10 / 10 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 1 Feb 2023 | +1.14% | US$21.96 |
| Worst day | 3 Feb 2023 | -2.45% | -US$46.79 |
| Widest high-low day | 3 Feb 2023 | 2.99% | US$57.16 |
February 2023 against every February, 2005–2024
Ranked against February in each of the 20 years from 2005 to 2024 (1 = highest): month change 18th, median daily range 15th, high-low span 8th. Across those years the strongest February was 2016 (+10.76%) and the weakest 2021 (-6.16%).
February inside 2023
The median daily range in February 2023 was 1.042%, which is about the same as the median for all of 2023 (1.077%; ratio 0.97). By median daily range it was the 8th widest of the 12 months of 2023. The full year is on the gold in 2023 page.
Weekend gaps in February 2023
4 weekend gaps started on a Friday in this month. The largest came after Friday 3 Feb 2023: -0.2% (-US$3.79). None reached 0.5%.
Every trading day of February 2023
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Feb 2023 | US$1,950.06 | +1.14% | US$34.00 |
| 2 Feb 2023 | US$1,912.60 | -1.92% | US$48.38 |
| 3 Feb 2023 | US$1,865.81 | -2.45% | US$57.16 |
| 6 Feb 2023 | US$1,867.65 | +0.1% | US$19.40 |
| 7 Feb 2023 | US$1,873.63 | +0.32% | US$19.41 |
| 8 Feb 2023 | US$1,875.55 | +0.1% | US$17.33 |
| 9 Feb 2023 | US$1,861.59 | -0.74% | US$31.40 |
| 10 Feb 2023 | US$1,865.35 | +0.2% | US$19.43 |
| 13 Feb 2023 | US$1,853.41 | -0.64% | US$16.11 |
| 14 Feb 2023 | US$1,854.36 | +0.05% | US$27.37 |
| 15 Feb 2023 | US$1,835.85 | -1% | US$29.66 |
| 16 Feb 2023 | US$1,836.43 | +0.03% | US$17.66 |
| 17 Feb 2023 | US$1,842.54 | +0.33% | US$24.70 |
| 20 Feb 2023 | US$1,841.26 | -0.07% | US$10.19 |
| 21 Feb 2023 | US$1,834.87 | -0.35% | US$13.61 |
| 22 Feb 2023 | US$1,825.20 | -0.53% | US$22.48 |
| 23 Feb 2023 | US$1,822.27 | -0.16% | US$16.32 |
| 24 Feb 2023 | US$1,810.82 | -0.63% | US$18.89 |
| 27 Feb 2023 | US$1,817.25 | +0.36% | US$13.49 |
| 28 Feb 2023 | US$1,826.50 | +0.51% | US$26.49 |
What this month means for an EA
The widest day, 3 Feb 2023, covered US$57.16 from high to low; the median day covered US$19.42. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$57.16 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in February 2023?
Down: the last close was US$1,826.50 on 28 Feb 2023, -5.27% (-US$101.60) against US$1,928.10 on 31 Jan 2023.
What were gold's high and low in February 2023?
High US$1,959.68 on 2 Feb 2023, low US$1,804.69 on 28 Feb 2023, a span of US$154.99.
What was gold's biggest day in February 2023?
3 Feb 2023: -2.45% (-US$46.79) close to close.