Investezo › Gold months › 2023 › July
Gold (XAUUSD) in July 2023: high, low and the biggest days
Gold ended July 2023 up 2.42% at US$1,965.52. It traded between US$1,902.59 on 6 Jul 2023 and US$1,987.43 on 20 Jul 2023, and its biggest day was -1.36% on 27 Jul 2023. Its median daily range was much calmer than gold's median for all of 2023.
Key numbers
| Trading days counted | 21 |
| First open (3 Jul 2023) | US$1,918.60 |
| Last close (31 Jul 2023) | US$1,965.52 |
| Close before the month (30 Jun 2023) | US$1,919.17 |
| Month change | +2.42% · US$46.35 |
| Month high (20 Jul 2023) | US$1,987.43 |
| Month low (6 Jul 2023) | US$1,902.59 |
| High to low span (US$ · % of the close before the month) | US$84.84 · 4.42% |
| Median daily move (either way) | 0.355% |
| Median daily range | 0.863% · US$16.99 |
| Median daily range for all of 2023 | 1.077% |
| Days moving 1%+ / 2%+ | 3 / 0 |
| Up days / down days | 11 / 10 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 12 Jul 2023 | +1.31% | US$25.26 |
| Worst day | 27 Jul 2023 | -1.36% | -US$26.75 |
| Widest high-low day | 27 Jul 2023 | 2.01% | US$39.66 |
July 2023 against every July, 2005–2024
Ranked against July in each of the 20 years from 2005 to 2024 (1 = highest): month change 8th, median daily range 19th, high-low span 17th. Across those years the strongest July was 2020 (+10.92%) and the weakest 2015 (-6.52%).
July inside 2023
The median daily range in July 2023 was 0.863%, which is much calmer than the median for all of 2023 (1.077%; ratio 0.80). By median daily range it was the 10th widest of the 12 months of 2023. The full year is on the gold in 2023 page.
Weekend gaps in July 2023
4 weekend gaps started on a Friday in this month. The largest came after Friday 21 Jul 2023: +0.03% (US$0.57). None reached 0.5%.
Every trading day of July 2023
| Date | Close | Move | High-low |
|---|---|---|---|
| 3 Jul 2023 | US$1,921.48 | +0.12% | US$21.01 |
| 4 Jul 2023 | US$1,925.89 | +0.23% | US$11.01 |
| 5 Jul 2023 | US$1,915.21 | -0.55% | US$20.31 |
| 6 Jul 2023 | US$1,910.93 | -0.22% | US$25.00 |
| 7 Jul 2023 | US$1,925.31 | +0.75% | US$25.52 |
| 10 Jul 2023 | US$1,925.28 | -0% | US$15.37 |
| 11 Jul 2023 | US$1,932.09 | +0.35% | US$14.12 |
| 12 Jul 2023 | US$1,957.35 | +1.31% | US$27.56 |
| 13 Jul 2023 | US$1,960.39 | +0.16% | US$11.27 |
| 14 Jul 2023 | US$1,955.45 | -0.25% | US$12.85 |
| 17 Jul 2023 | US$1,954.92 | -0.03% | US$14.08 |
| 18 Jul 2023 | US$1,978.73 | +1.22% | US$29.83 |
| 19 Jul 2023 | US$1,976.97 | -0.09% | US$11.24 |
| 20 Jul 2023 | US$1,969.50 | -0.38% | US$22.07 |
| 21 Jul 2023 | US$1,961.84 | -0.39% | US$16.99 |
| 24 Jul 2023 | US$1,954.87 | -0.36% | US$14.41 |
| 25 Jul 2023 | US$1,964.85 | +0.51% | US$13.95 |
| 26 Jul 2023 | US$1,972.27 | +0.38% | US$16.32 |
| 27 Jul 2023 | US$1,945.52 | -1.36% | US$39.66 |
| 28 Jul 2023 | US$1,959.15 | +0.7% | US$18.21 |
| 31 Jul 2023 | US$1,965.52 | +0.33% | US$21.52 |
What this month means for an EA
The widest day, 27 Jul 2023, covered US$39.66 from high to low; the median day covered US$16.99. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$39.66 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in July 2023?
Up: the last close was US$1,965.52 on 31 Jul 2023, +2.42% (US$46.35) against US$1,919.17 on 30 Jun 2023.
What were gold's high and low in July 2023?
High US$1,987.43 on 20 Jul 2023, low US$1,902.59 on 6 Jul 2023, a span of US$84.84.
What was gold's biggest day in July 2023?
27 Jul 2023: -1.36% (-US$26.75) close to close.