Investezo › Gold years › 2011
Gold (XAUUSD) in 2011: daily moves, range and the biggest days
2011 was one of the 5 widest-range years for gold between 2005 and 2024. Gold closed the year up 11.08% at US$1,564.11. Its median daily range was 1.523%, about US$23.52, and it moved 2% or more on 30 of 256 days.
Key numbers
| Trading days counted | 256 |
| Year change (last close vs last close of 2010) | +11.08% |
| Last close of the year (30 Dec 2011) | US$1,564.11 |
| Median daily move (close to close, either way) | 0.706% |
| Median daily range (high to low) | 1.523% · US$23.52 |
| Days with a move of 1% or more | 92 |
| Days with a move of 2% or more | 30 |
| Days with a move of 3% or more | 10 |
| Days with a move of 5% or more | 0 |
| Up days / down days | 146 / 110 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 8 Aug 2011 | +3.17% | US$52.78 |
| Worst day | 23 Sep 2011 | -4.95% | -US$86.18 |
| Widest high-low range | 26 Sep 2011 | 7.95% | US$131.52 |
How 2011 compares with 2005–2024
| 2011 | Median of 20 years | Rank (1 = highest) | |
|---|---|---|---|
| Median daily range % | 1.523% | 1.25% | 5th of 20 |
| Days with 2%+ moves | 30 | 11.5 | 3rd of 20 |
| Largest one-day move | 4.95% | 4% | 5th of 20 |
| Median daily range in US$ | US$23.52 | – | 3rd of 20 |
Weekend gaps in 2011
Weekend gaps are counted from 2015 on, so this page has no gap figures for 2011.
What these numbers mean for an EA
A 2% move at the 2011 year-end price of US$1,564.11 is about US$31.28. In 2011 gold moved that much or more on 30 days out of 256. A grid or martingale EA that adds trades against the move carries the full move as open loss until price comes back, so the days in the table above are the days its floating drawdown was tested. You can enter a move of this size in the grid calculator to see the open loss for your own lot and spacing, or check a live record against daily and max loss limits with the Prop Firm Rule Check.
Questions
How much did gold move on a normal day in 2011?
The median close-to-close move was 0.706% and the median high-low range was 1.523% (US$23.52).
What was gold's biggest day in 2011?
The best day was 8 Aug 2011 (+3.17%) and the worst day was 23 Sep 2011 (-4.95%).
Did gold go up or down in 2011?
Up: the last close of 2011 was US$1,564.11, +11.08% against the last close of 2010.