Gold closed the Tuesday, 6 October 2026 session at $4,165.695 per troy ounce, up 0.77% on the session. Over one year the price is up 4.95%, between a low of $3,886.199 on 28 October 2025 and a high of $5,596.805 on 28 January 2026.
Last session: 6 October 2026, bid price, source Dukascopy. This page shows a dated close and statistics computed over one year of sessions, not a real-time quote.
To tie these numbers to your own trading: the lesson on the ATR, where to place a stop loss and how to calculate a position size.
Daily close (line), range between each session's high and low (band), high and low of the year (dots), last close (dashed). Bid prices in dollars, from 6 October 2025 to 6 October 2026.
Out of the 261 sessions of the year, 51.3% closed above their open.
A session's range is the distance between its high and its low. Over the last 20 sessions, gold covered on average $86.794, or 2.03% of its opening price; $98.656 (2.32%) over 90 sessions and $114.439 (2.54%) over one year. It is the same idea as the ATR, computed here on the daily candle without smoothing opening gaps.
What it changes for a stop, as a worked example and not a recommendation: a stop placed at half the average range of the last 90 sessions is worth $49.33. On a standard lot of 100 troy ounces, as defined in the instrument sheet at RoboMarkets, that stop represents $4,933 of risk; on the minimum size of 0.01 lot (1 troy ounce), $49.33. To risk only $100 with that stop, the position cannot exceed 2.03 troy ounces, or 0.020 lot.
The full reasoning, with the percentage of capital and the reward-to-risk ratio, is in calculating position size and where to place your stop loss.
The three most active hours are highlighted, the three quietest greyed out. Tallest bar: 0.672%.
Average range of each UTC hour, as a percentage of the hour's opening price, over 1,514 hourly candles from 7 July 2026 to 7 October 2026. The three most active hours are 12:00, 13:00 and 14:00 UTC, that is 13:00, 14:00 and 15:00 in London and 8:00, 9:00 and 10:00 in New York. The three quietest: 4:00, 20:00 and 23:00 UTC, that is 5:00, 21:00 and 0:00 in London and 0:00, 16:00 and 19:00 in New York.
No candle exists at 21:00 UTC: that is the feed's daily break, not a quiet hour.
Reading by session: Asia (0:00 to 7:00 UTC) gives an average hourly range of 0.405%, London (7:00 to 12:00 UTC) 0.345%, and New York (12:00 to 21:00 UTC), which overlaps the end of London and the release of US data, 0.465%.
| Day | Average range | Up sessions | Sessions |
|---|---|---|---|
| Monday | 2.39% | 54.7% | 53 |
| Tuesday | 2.54% | 45.3% | 53 |
| Wednesday | 2.57% | 53.8% | 52 |
| Thursday | 2.59% | 48.1% | 52 |
| Friday | 2.59% | 54.9% | 51 |
Over the 261 sessions of the year, average range and share of up sessions, day by day. Thursday was the widest day, Friday the one that most often closed higher. This is an observation on one year of data, not a rule: next year can reverse the order.
Change from the open of the first day to the close of the last day of each month. Best month: January 2026 (+13.22%). Worst month: March 2026 (-12.82%).
Several forces recur in the reference documents, none of them sufficient on its own. Nothing here is a forecast or advice.
Gold demand is measured every quarter. According to the World Gold Council's Gold Demand Trends report for the second quarter of 2026, published on 30 July 2026, total gold demand including OTC was unchanged year on year at 1,269 tonnes, and jewellery fell to 278 tonnes, its lowest quarterly volume since the pandemic.
Central banks carry real weight in that demand: the same report records 289 tonnes of net purchases in the second quarter of 2026, against net outflows of 45 tonnes from gold-backed ETFs and 307 tonnes of bars and coins. Over that quarter the LBMA PM gold price averaged $4,506.29 per ounce, 37% above the second quarter of 2025.
Real interest rates matter for a metal that pays no income. Chicago Fed Letter No. 464 (November 2021), published by the Federal Reserve Bank of Chicago, estimates that a one-point rise in the long-term real rate lowers the real gold price by 13.1%.
The dollar, next: gold is quoted in dollars, and the link between the dollar and commodities has changed direction. A Bank for International Settlements working paper (March 2023) shows that since the United States became a net commodity exporter, higher commodity prices tend to strengthen the dollar rather than weaken it.
The physical market's reference price, the LBMA Gold Price, is set twice a day in auctions administered by ICE Benchmark Administration, at 10:30 and 15:00 London time (LBMA). The reference futures contract, listed on COMEX, covers 100 troy ounces (CFTC, Commitments of Traders report).
Tradoshi's backtesting module, in beta, replays a market candle by candle without showing what comes next, spread, slippage and commissions included, and it is included from the Pro plan. It is the most direct way to check whether a stop rule based on range holds over the past year. To understand the method first: what is backtesting and backtesting stocks, forex and futures.
The journal does the other half of the work: it measures your own trades on XAU/USD, their real R against the stop you placed and the hours when you win or lose, on your executed orders rather than on averages. Every statistic is defined in the glossary.
$4,165.695 per troy ounce at the close of the 6 October 2026 session, Dukascopy bid price, up 0.77% versus the previous close. This page does not show a real-time quote: it shows the last dated close and statistics computed over one year.
On average $98.656 between a session's high and low over the last 90 sessions, or 2.32% of the opening price; $114.439 (2.54%) over one year.
On the hourly candles from 7 July 2026 to 7 October 2026, the widest UTC hours were 12:00, 13:00 and 14:00, that is 13:00, 14:00 and 15:00 in London and 8:00, 9:00 and 10:00 in New York. The quietest: 4:00, 20:00 and 23:00 UTC.
At RoboMarkets, a standard lot of XAU/USD is 100 troy ounces and the minimum size is 0.01 lot, or 1 troy ounce; your platform may define other sizes. With a $49.33 stop, a standard lot commits $4,933 of risk.
From Dukascopy historical candles, bid price, UTC sessions Monday to Friday. The calculation dates from 7 October 2026 and the last session taken into account is 6 October 2026; the figures are recomputed at each rebuild of the site.