Investezo › Gold months › 2023 › March
Gold (XAUUSD) in March 2023: high, low and the biggest days
Gold ended March 2023 up 7.82% at US$1,969.41. It traded between US$1,809.41 on 8 Mar 2023 and US$2,009.80 on 20 Mar 2023, and its biggest day was +3.59% on 17 Mar 2023. Its median daily range was much wider than gold's median for all of 2023.
Key numbers
| Trading days counted | 23 |
| First open (1 Mar 2023) | US$1,826.61 |
| Last close (31 Mar 2023) | US$1,969.41 |
| Close before the month (28 Feb 2023) | US$1,826.50 |
| Month change | +7.82% · US$142.91 |
| Month high (20 Mar 2023) | US$2,009.80 |
| Month low (8 Mar 2023) | US$1,809.41 |
| High to low span (US$ · % of the close before the month) | US$200.39 · 10.97% |
| Median daily move (either way) | 0.806% |
| Median daily range | 1.395% · US$27.81 |
| Median daily range for all of 2023 | 1.077% |
| Days moving 1%+ / 2%+ | 9 / 2 |
| Up days / down days | 13 / 10 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 17 Mar 2023 | +3.59% | US$68.83 |
| Worst day | 21 Mar 2023 | -1.93% | -US$38.11 |
| Widest high-low day | 17 Mar 2023 | 3.64% | US$69.91 |
March 2023 against every March, 2005–2024
Ranked against March in each of the 20 years from 2005 to 2024 (1 = highest): month change 2nd, median daily range 8th, high-low span 3rd. Across those years the strongest March was 2024 (+9.23%) and the weakest 2008 (-5.93%).
March inside 2023
The median daily range in March 2023 was 1.395%, which is much wider than the median for all of 2023 (1.077%; ratio 1.30). By median daily range it was the 2nd widest of the 12 months of 2023. The full year is on the gold in 2023 page.
Weekend gaps in March 2023
5 weekend gaps started on a Friday in this month. The largest came after Friday 10 Mar 2023: +1.02% (US$19.01). Big gaps (0.5% or more) with their own page: 10 Mar 2023.
Every trading day of March 2023
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Mar 2023 | US$1,836.56 | +0.55% | US$21.47 |
| 2 Mar 2023 | US$1,835.60 | -0.05% | US$9.02 |
| 3 Mar 2023 | US$1,855.30 | +1.07% | US$20.25 |
| 6 Mar 2023 | US$1,846.61 | -0.47% | US$13.15 |
| 7 Mar 2023 | US$1,813.05 | -1.82% | US$38.97 |
| 8 Mar 2023 | US$1,813.72 | +0.04% | US$14.89 |
| 9 Mar 2023 | US$1,830.77 | +0.94% | US$23.74 |
| 10 Mar 2023 | US$1,867.15 | +1.99% | US$42.43 |
| 13 Mar 2023 | US$1,913.56 | +2.49% | US$43.07 |
| 14 Mar 2023 | US$1,903.86 | -0.51% | US$18.73 |
| 15 Mar 2023 | US$1,918.01 | +0.74% | US$51.61 |
| 16 Mar 2023 | US$1,919.34 | +0.07% | US$25.93 |
| 17 Mar 2023 | US$1,988.17 | +3.59% | US$69.91 |
| 20 Mar 2023 | US$1,978.64 | -0.48% | US$43.97 |
| 21 Mar 2023 | US$1,940.53 | -1.93% | US$49.75 |
| 22 Mar 2023 | US$1,969.79 | +1.51% | US$44.92 |
| 23 Mar 2023 | US$1,993.97 | +1.23% | US$38.92 |
| 24 Mar 2023 | US$1,978.81 | -0.76% | US$27.81 |
| 27 Mar 2023 | US$1,956.35 | -1.14% | US$34.70 |
| 28 Mar 2023 | US$1,973.52 | +0.88% | US$26.17 |
| 29 Mar 2023 | US$1,964.37 | -0.46% | US$15.60 |
| 30 Mar 2023 | US$1,980.21 | +0.81% | US$29.15 |
| 31 Mar 2023 | US$1,969.41 | -0.55% | US$20.74 |
What this month means for an EA
The widest day, 17 Mar 2023, covered US$69.91 from high to low; the median day covered US$27.81. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$69.91 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in March 2023?
Up: the last close was US$1,969.41 on 31 Mar 2023, +7.82% (US$142.91) against US$1,826.50 on 28 Feb 2023.
What were gold's high and low in March 2023?
High US$2,009.80 on 20 Mar 2023, low US$1,809.41 on 8 Mar 2023, a span of US$200.39.
What was gold's biggest day in March 2023?
17 Mar 2023: +3.59% (US$68.83) close to close.