Investezo › Gold months › 2023 › September
Gold (XAUUSD) in September 2023: high, low and the biggest days
Gold ended September 2023 down 4.71% at US$1,848.74. It traded between US$1,846.33 on 29 Sep 2023 and US$1,953.02 on 1 Sep 2023, and its biggest day was -1.35% on 27 Sep 2023. Its median daily range was much calmer than gold's median for all of 2023.
Key numbers
| Trading days counted | 21 |
| First open (1 Sep 2023) | US$1,940.01 |
| Last close (29 Sep 2023) | US$1,848.74 |
| Close before the month (31 Aug 2023) | US$1,940.06 |
| Month change | -4.71% · -US$91.32 |
| Month high (1 Sep 2023) | US$1,953.02 |
| Month low (29 Sep 2023) | US$1,846.33 |
| High to low span (US$ · % of the close before the month) | US$106.69 · 5.5% |
| Median daily move (either way) | 0.468% |
| Median daily range | 0.721% · US$13.88 |
| Median daily range for all of 2023 | 1.077% |
| Days moving 1%+ / 2%+ | 1 / 0 |
| Up days / down days | 6 / 15 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 15 Sep 2023 | +0.69% | US$13.17 |
| Worst day | 27 Sep 2023 | -1.35% | -US$25.59 |
| Widest high-low day | 29 Sep 2023 | 1.8% | US$33.55 |
September 2023 against every September, 2005–2024
Ranked against September in each of the 20 years from 2005 to 2024 (1 = highest): month change 17th, median daily range 20th, high-low span 17th. Across those years the strongest September was 2007 (+10.42%) and the weakest 2011 (-11.01%).
September inside 2023
The median daily range in September 2023 was 0.721%, which is much calmer than the median for all of 2023 (1.077%; ratio 0.67). By median daily range it was the 12th widest of the 12 months of 2023. The full year is on the gold in 2023 page.
Weekend gaps in September 2023
5 weekend gaps started on a Friday in this month. The largest came after Friday 29 Sep 2023: -0.12% (-US$2.29). None reached 0.5%.
Every trading day of September 2023
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Sep 2023 | US$1,939.85 | -0.01% | US$18.62 |
| 4 Sep 2023 | US$1,938.47 | -0.07% | US$9.49 |
| 5 Sep 2023 | US$1,925.97 | -0.64% | US$13.63 |
| 6 Sep 2023 | US$1,916.42 | -0.5% | US$13.88 |
| 7 Sep 2023 | US$1,919.62 | +0.17% | US$7.33 |
| 8 Sep 2023 | US$1,919.13 | -0.03% | US$12.35 |
| 11 Sep 2023 | US$1,922.33 | +0.17% | US$14.30 |
| 12 Sep 2023 | US$1,913.34 | -0.47% | US$16.89 |
| 13 Sep 2023 | US$1,908.15 | -0.27% | US$10.26 |
| 14 Sep 2023 | US$1,910.51 | +0.12% | US$11.89 |
| 15 Sep 2023 | US$1,923.68 | +0.69% | US$20.72 |
| 18 Sep 2023 | US$1,933.61 | +0.52% | US$11.71 |
| 19 Sep 2023 | US$1,931.34 | -0.12% | US$7.66 |
| 20 Sep 2023 | US$1,930.36 | -0.05% | US$19.47 |
| 21 Sep 2023 | US$1,919.94 | -0.54% | US$17.70 |
| 22 Sep 2023 | US$1,925.25 | +0.28% | US$9.54 |
| 25 Sep 2023 | US$1,915.78 | -0.49% | US$12.11 |
| 26 Sep 2023 | US$1,900.58 | -0.79% | US$17.69 |
| 27 Sep 2023 | US$1,874.99 | -1.35% | US$31.37 |
| 28 Sep 2023 | US$1,864.80 | -0.54% | US$21.92 |
| 29 Sep 2023 | US$1,848.74 | -0.86% | US$33.55 |
What this month means for an EA
The widest day, 29 Sep 2023, covered US$33.55 from high to low; the median day covered US$13.88. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$33.55 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in September 2023?
Down: the last close was US$1,848.74 on 29 Sep 2023, -4.71% (-US$91.32) against US$1,940.06 on 31 Aug 2023.
What were gold's high and low in September 2023?
High US$1,953.02 on 1 Sep 2023, low US$1,846.33 on 29 Sep 2023, a span of US$106.69.
What was gold's biggest day in September 2023?
27 Sep 2023: -1.35% (-US$25.59) close to close.