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By The Numbers


Current DateTime: 07:26:45 11 Feb 2012
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ABOUT BY THE NUMBERS

Our market specialists dig deep into Wall Street’s daily metrics, crunching the numbers to help you become smarter about the market so that you can make better investment decisions. By The Numbers details the daily drama, the winners and losers, how the day stacks up historically, and how the numbers can offer a glimpse of the future.
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Current DateTime: 07:26:45 11 Feb 2012
LinksList Documentid: 30111251

10 Biggest Gains in Gold

Published: Wednesday, 4 Nov 2009 | 9:51 AM ET
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By: Ariel Nelson
Director of Market Data & Content Services

Gold [US@GC.1  Loading...      ()   ] hit another new record high this morning and was up over 1092 for the first time as the dollar fell.  The move represents a ~0.5% for the day and a ~20% gain for the past 6 months.  By comparison, gold's move is still far from where it was in 1979 - 1980.

In January 1980, gold hit $834, or approximately $2200 in today's dollars on an inflation adjusted basis.  In early 1980, gold was seeing daily moves as high as 10% and was seeing six month gains as high as 170%.

>> Commodities and the Dollar

Below are the top 10 daily percent gains in gold since 1975.

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