Investezo › Gold months › 2024 › August
Gold (XAUUSD) in August 2024: high, low and the biggest days
Gold ended August 2024 up 2.29% at US$2,503.35. It traded between US$2,364.06 on 5 Aug 2024 and US$2,531.53 on 20 Aug 2024, and its biggest day was +2.09% on 16 Aug 2024. Its median daily range was wider than gold's median for all of 2024.
Key numbers
| Trading days counted | 22 |
| First open (1 Aug 2024) | US$2,448.53 |
| Last close (30 Aug 2024) | US$2,503.35 |
| Close before the month (31 Jul 2024) | US$2,447.24 |
| Month change | +2.29% · US$56.11 |
| Month high (20 Aug 2024) | US$2,531.53 |
| Month low (5 Aug 2024) | US$2,364.06 |
| High to low span (US$ · % of the close before the month) | US$167.47 · 6.84% |
| Median daily move (either way) | 0.523% |
| Median daily range | 1.367% · US$34.10 |
| Median daily range for all of 2024 | 1.242% |
| Days moving 1%+ / 2%+ | 6 / 1 |
| Up days / down days | 10 / 12 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 16 Aug 2024 | +2.09% | US$51.22 |
| Worst day | 5 Aug 2024 | -1.29% | -US$31.42 |
| Widest high-low day | 5 Aug 2024 | 3.87% | US$94.59 |
August 2024 against every August, 2005–2024
Ranked against August in each of the 20 years from 2005 to 2024 (1 = highest): month change 8th, median daily range 7th, high-low span 9th. Across those years the strongest August was 2011 (+12.19%) and the weakest 2008 (-9.04%).
August inside 2024
The median daily range in August 2024 was 1.367%, which is wider than the median for all of 2024 (1.242%; ratio 1.10). By median daily range it was the 5th widest of the 12 months of 2024. The full year is on the gold in 2024 page.
Weekend gaps in August 2024
5 weekend gaps started on a Friday in this month. The largest came after Friday 2 Aug 2024: +0.13% (US$3.23). None reached 0.5%.
Every trading day of August 2024
| Date | Close | Move | High-low |
|---|---|---|---|
| 1 Aug 2024 | US$2,446.30 | -0.04% | US$32.05 |
| 2 Aug 2024 | US$2,441.38 | -0.2% | US$66.89 |
| 5 Aug 2024 | US$2,409.96 | -1.29% | US$94.59 |
| 6 Aug 2024 | US$2,389.85 | -0.83% | US$36.75 |
| 7 Aug 2024 | US$2,383.06 | -0.28% | US$27.96 |
| 8 Aug 2024 | US$2,427.18 | +1.85% | US$46.58 |
| 9 Aug 2024 | US$2,431.07 | +0.16% | US$20.15 |
| 12 Aug 2024 | US$2,472.03 | +1.68% | US$49.41 |
| 13 Aug 2024 | US$2,464.98 | -0.29% | US$18.42 |
| 14 Aug 2024 | US$2,447.92 | -0.69% | US$41.72 |
| 15 Aug 2024 | US$2,456.24 | +0.34% | US$37.86 |
| 16 Aug 2024 | US$2,507.46 | +2.09% | US$58.97 |
| 19 Aug 2024 | US$2,504.23 | -0.13% | US$24.52 |
| 20 Aug 2024 | US$2,514.01 | +0.39% | US$34.30 |
| 21 Aug 2024 | US$2,512.30 | -0.07% | US$26.03 |
| 22 Aug 2024 | US$2,484.73 | -1.1% | US$43.83 |
| 23 Aug 2024 | US$2,511.93 | +1.09% | US$33.90 |
| 26 Aug 2024 | US$2,517.91 | +0.24% | US$18.07 |
| 27 Aug 2024 | US$2,524.59 | +0.27% | US$22.39 |
| 28 Aug 2024 | US$2,504.67 | -0.79% | US$35.35 |
| 29 Aug 2024 | US$2,521.09 | +0.66% | US$25.05 |
| 30 Aug 2024 | US$2,503.35 | -0.7% | US$32.69 |
What this month means for an EA
The widest day, 5 Aug 2024, covered US$94.59 from high to low; the median day covered US$34.10. An EA that holds trades against the move carries that distance as open loss until price comes back. You can enter US$94.59 in the grid calculator to see the open loss for your own lot and spacing.
Questions
Did gold go up or down in August 2024?
Up: the last close was US$2,503.35 on 30 Aug 2024, +2.29% (US$56.11) against US$2,447.24 on 31 Jul 2024.
What were gold's high and low in August 2024?
High US$2,531.53 on 20 Aug 2024, low US$2,364.06 on 5 Aug 2024, a span of US$167.47.
What was gold's biggest day in August 2024?
16 Aug 2024: +2.09% (US$51.22) close to close.