Gold in July: seasonality and history
Since 2001, gold has risen in July in 58% of years (15 of 26), with an average return of +0.93% and a median of +1.43%. That makes July its #7 month of 12.
Average+0.93%
Years up58%
Best year2020 · +9.01%
Worst year2015 · −6.54%
The seasonal path through July
Cumulative sum of each day's average return through July, all years since 2001.
| Strongest days | Avg | Up |
|---|---|---|
| Jul 11 | +0.57% | 63% |
| Jul 9 | +0.45% | 79% |
| Jul 22 | +0.29% | 53% |
| Weakest days | Avg | Up |
|---|---|---|
| Jul 23 | −0.50% | 26% |
| Jul 16 | −0.23% | 32% |
| Jul 5 | −0.20% | 43% |
Seasonal trend windows touching July
- ▲ Bullish Jul 27 – Aug 10 · 15 days · seasonal Σ +2.44%
July in recent years
| Year | Gold in July |
|---|---|
| 2026 | +1.70% |
| 2025 | −0.44% |
| 2024 | +3.71% |
| 2023 | +2.13% |
| 2022 | −2.46% |
| 2021 | +2.31% |
| 2020 | +9.01% |
| 2019 | +1.16% |
| 2018 | −2.21% |
| 2017 | +2.09% |
Questions
Is July a good month for gold?
On average, yes: +0.93% since 2001, rising in 58% of years. But the range is wide, from −6.54% in 2015 to +9.01% in 2020, so an average is a tendency, not a forecast.
What are the strongest days in July?
Jul 11 (+0.57%, up 63% of years), Jul 9 (+0.45%, up 79% of years), Jul 22 (+0.29%, up 53% of years).