Investezo › Gold months › 2024 › January
Gold (XAUUSD) in January 2024: high, low and the biggest days
Gold ended January 2024 down 1.14% at US$2,039.20. It traded between US$2,001.68 on 17 Jan 2024 and US$2,078.99 on 2 Jan 2024, and its biggest day was -1.28% on 16 Jan 2024. Its median daily range was much calmer than gold's median for all of 2024.
Key numbers
| Trading days counted | 22 |
| First open (2 Jan 2024) | US$2,062.91 |
| Last close (31 Jan 2024) | US$2,039.20 |
| Close before the month (29 Dec 2023) | US$2,062.67 |
| Month change | -1.14% · -US$23.47 |
| Month high (2 Jan 2024) | US$2,078.99 |
| Month low (17 Jan 2024) | US$2,001.68 |
| High to low span (US$ · % of the close before the month) | US$77.31 · 3.75% |
| Median daily move (either way) | 0.337% |
| Median daily range | 0.978% · US$19.87 |
| Median daily range for all of 2024 | 1.242% |
| Days moving 1%+ / 2%+ | 2 / 0 |
| Up days / down days | 13 / 9 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 12 Jan 2024 | +1% | US$20.27 |
| Worst day | 16 Jan 2024 | -1.28% | -US$26.38 |
| Widest high-low day | 5 Jan 2024 | 1.94% | US$39.73 |
January 2024 against every January, 2005–2024
Ranked against January in each of the 20 years from 2005 to 2024 (1 = highest): month change 15th, median daily range 17th, high-low span 20th. Across those years the strongest January was 2008 (+11.14%) and the weakest 2011 (-5.38%).
January inside 2024
The median daily range in January 2024 was 0.978%, which is much calmer than the median for all of 2024 (1.242%; ratio 0.79). By median daily range it was the 11th widest of the 12 months of 2024. The full year is on the gold in 2024 page.
Weekend gaps in January 2024
4 weekend gaps started on a Friday in this month. The largest came after Friday 26 Jan 2024: +0.28% (US$5.56). None reached 0.5%.
Every trading day of January 2024
| Date | Close | Move | High-low |
|---|---|---|---|
| 2 Jan 2024 | US$2,058.91 | -0.18% | US$23.17 |
| 3 Jan 2024 | US$2,041.27 | -0.86% | US$35.56 |
| 4 Jan 2024 | US$2,043.28 | +0.1% | US$14.94 |
| 5 Jan 2024 | US$2,045.30 | +0.1% | US$39.73 |
| 8 Jan 2024 | US$2,028.18 | -0.84% | US$29.94 |
| 9 Jan 2024 | US$2,030.21 | +0.1% | US$16.14 |
| 10 Jan 2024 | US$2,024.32 | -0.29% | US$20.06 |
| 11 Jan 2024 | US$2,028.54 | +0.21% | US$32.64 |
| 12 Jan 2024 | US$2,048.81 | +1% | US$33.60 |
| 15 Jan 2024 | US$2,054.60 | +0.28% | US$12.98 |
| 16 Jan 2024 | US$2,028.22 | -1.28% | US$31.40 |
| 17 Jan 2024 | US$2,006.11 | -1.09% | US$31.32 |
| 18 Jan 2024 | US$2,022.93 | +0.84% | US$17.69 |
| 19 Jan 2024 | US$2,029.33 | +0.32% | US$19.24 |
| 22 Jan 2024 | US$2,021.62 | -0.38% | US$15.77 |
| 23 Jan 2024 | US$2,029.23 | +0.38% | US$18.47 |
| 24 Jan 2024 | US$2,013.50 | -0.78% | US$25.72 |
| 25 Jan 2024 | US$2,020.70 | +0.36% | US$15.97 |
| 26 Jan 2024 | US$2,018.49 | -0.11% | US$10.94 |
| 29 Jan 2024 | US$2,032.70 | +0.7% | US$18.28 |
| 30 Jan 2024 | US$2,036.87 | +0.21% | US$19.68 |
| 31 Jan 2024 | US$2,039.20 | +0.11% | US$25.28 |
What this month means for an EA
The widest day, 5 Jan 2024, covered US$39.73 from high to low; the median day covered US$19.87. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$39.73 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in January 2024?
Down: the last close was US$2,039.20 on 31 Jan 2024, -1.14% (-US$23.47) against US$2,062.67 on 29 Dec 2023.
What were gold's high and low in January 2024?
High US$2,078.99 on 2 Jan 2024, low US$2,001.68 on 17 Jan 2024, a span of US$77.31.
What was gold's biggest day in January 2024?
16 Jan 2024: -1.28% (-US$26.38) close to close.