Gold in August: seasonality and history
Since 2001, gold has risen in August in 73% of years (19 of 26), with an average return of +2.50% and a median of +3.06%. That makes August its #2 month of 12.
Average+2.50%
Years up73%
Best year2011 · +12.30%
Worst year2008 · −9.26%
The seasonal path through August
Cumulative sum of each day's average return through August, all years since 2001.
| Strongest days | Avg | Up |
|---|---|---|
| Aug 23 | +0.43% | 67% |
| Aug 4 | +0.41% | 67% |
| Aug 21 | +0.40% | 53% |
| Weakest days | Avg | Up |
|---|---|---|
| Aug 24 | −0.51% | 39% |
| Aug 11 | −0.50% | 44% |
| Aug 14 | −0.26% | 37% |
Seasonal trend windows touching August
- ▲ Bullish Jul 27 – Aug 10 · 15 days · seasonal Σ +2.44%
- ▲ Bullish Aug 16 – Aug 23 · 8 days · seasonal Σ +1.44%
- ▲ Bullish Aug 26 – Sep 6 · 12 days · seasonal Σ +1.92%
August in recent years
| Year | Gold in August |
|---|---|
| 2026 | +9.12% |
| 2025 | +6.77% |
| 2024 | +4.17% |
| 2023 | −0.23% |
| 2022 | −2.08% |
| 2021 | +0.30% |
| 2020 | +0.80% |
| 2019 | +6.52% |
| 2018 | −1.91% |
| 2017 | +3.92% |
Questions
Is August a good month for gold?
On average, yes: +2.50% since 2001, rising in 73% of years. But the range is wide, from −9.26% in 2008 to +12.30% in 2011, so an average is a tendency, not a forecast.
What are the strongest days in August?
Aug 23 (+0.43%, up 67% of years), Aug 4 (+0.41%, up 67% of years), Aug 21 (+0.40%, up 53% of years).