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Gold (XAUUSD) in 2024: daily moves, range and the biggest days
2024 was a middle year for gold's daily range between 2005 and 2024 (11th widest of 20). Gold closed the year up 27.24% at US$2,624.61. Its median daily range was 1.242%, about US$30.63, and it moved 2% or more on 9 of 259 days.
Key numbers
| Trading days counted | 259 |
| Year change (last close vs last close of 2023) | +27.24% |
| Last close of the year (31 Dec 2024) | US$2,624.61 |
| Median daily move (close to close, either way) | 0.572% |
| Median daily range (high to low) | 1.242% · US$30.63 |
| Days with a move of 1% or more | 67 |
| Days with a move of 2% or more | 9 |
| Days with a move of 3% or more | 3 |
| Days with a move of 5% or more | 0 |
| Up days / down days | 144 / 115 |
The biggest days
| Date | Move | US$ | |
|---|---|---|---|
| Best day | 16 Aug 2024 | +2.09% | US$51.22 |
| Worst day | 7 Jun 2024 | -3.46% | -US$82.30 |
| Widest high-low range | 25 Nov 2024 | 3.89% | US$105.71 |
How 2024 compares with 2005–2024
| 2024 | Median of 20 years | Rank (1 = highest) | |
|---|---|---|---|
| Median daily range % | 1.242% | 1.25% | 11th of 20 |
| Days with 2%+ moves | 9 | 11.5 | 14th of 20 |
| Largest one-day move | 3.46% | 4% | 13th of 20 |
| Median daily range in US$ | US$30.63 | – | 1st of 20 |
Weekend gaps in 2024
Gold had 51 weekend gaps in this data in 2024. The median gap was 0.059% either way. 2 gaps were 0.5% or more and 0 were 1% or more; 24 opened higher and 27 lower. The largest came after Friday 22 Nov 2024: -0.85% (-US$23.09).
What these numbers mean for an EA
A 2% move at the 2024 year-end price of US$2,624.61 is about US$52.49. In 2024 gold moved that much or more on 9 days out of 259. 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 2024?
The median close-to-close move was 0.572% and the median high-low range was 1.242% (US$30.63).
What was gold's biggest day in 2024?
The best day was 16 Aug 2024 (+2.09%) and the worst day was 7 Jun 2024 (-3.46%).
Did gold go up or down in 2024?
Up: the last close of 2024 was US$2,624.61, +27.24% against the last close of 2023.