Investezo › Gold years › 2017
Gold (XAUUSD) in 2017: daily moves, range and the biggest days
2017 was one of the 5 calmest years for gold between 2005 and 2024. Gold closed the year up 13.12% at US$1,302.33. Its median daily range was 0.943%, about US$11.80, and it moved 2% or more on 0 of 257 days.
Key numbers
| Trading days counted | 257 |
| Year change (last close vs last close of 2016) | +13.12% |
| Last close of the year (29 Dec 2017) | US$1,302.33 |
| Median daily move (close to close, either way) | 0.426% |
| Median daily range (high to low) | 0.943% · US$11.80 |
| Days with a move of 1% or more | 26 |
| Days with a move of 2% or more | 0 |
| Days with a move of 3% or more | 0 |
| Days with a move of 5% or more | 0 |
| Up days / down days | 147 / 110 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 17 May 2017 | +1.9% | US$23.46 |
| Worst day | 3 Jul 2017 | -1.77% | -US$21.97 |
| Widest high-low range | 31 Aug 2017 | 1.89% | US$24.75 |
How 2017 compares with 2005–2024
| 2017 | Median of 20 years | Rank (1 = highest) | |
|---|---|---|---|
| Median daily range % | 0.943% | 1.25% | 19th of 20 |
| Days with 2%+ moves | 0 | 11.5 | 20th of 20 |
| Largest one-day move | 1.9% | 4% | 20th of 20 |
| Median daily range in US$ | US$11.80 | – | 16th of 20 |
Weekend gaps in 2017
Gold had 49 weekend gaps in this data in 2017. The median gap was 0.078% either way. 3 gaps were 0.5% or more and 1 were 1% or more; 23 opened higher and 26 lower. The largest came after Friday 21 Apr 2017: -1.24% (-US$15.90).
What these numbers mean for an EA
A 2% move at the 2017 year-end price of US$1,302.33 is about US$26.05. In 2017 gold moved that much or more on 0 days out of 257. 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 2017?
The median close-to-close move was 0.426% and the median high-low range was 0.943% (US$11.80).
What was gold's biggest day in 2017?
The best day was 17 May 2017 (+1.9%) and the worst day was 3 Jul 2017 (-1.77%).
Did gold go up or down in 2017?
Up: the last close of 2017 was US$1,302.33, +13.12% against the last close of 2016.