Gold Historical Monthly & Quarterly Returns
Close-to-close returns by month and quarter. Compare performance across years.
Calculated from 5 years of price history (2021–2025).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 11.8% | +48.4% | +0.0% | +0.0% | — | — | — | — | — | — | — | — |
| 2024 | 8.7% | +27.9% | +0.0% | 21.2% | +21.8% | 15.9% | 10.7% | 14.5% | +1.8% | 3.5% | +34.1% | 16.3% |
| 2023 | 4.1% | 3.1% | +25.2% | 10.1% | +0.7% | 19.6% | +7.9% | 29.5% | +3.0% | 0.4% | +8.8% | +41.1% |
| 2022 | 55.2% | 0.2% | 4.9% | 34.2% | 40.0% | 37.7% | +14.7% | 18.2% | 7.9% | +22.5% | 28.0% | 15.2% |
| 2021 | — | — | — | +24.7% | 73.4% | 76.4% | 5.2% | +43.7% | 11.4% | +75.4% | 18.5% | 41.3% |
| Avg | 20.0% | +18.2% | +5.1% | 8.2% | 22.7% | 37.4% | +1.7% | 4.6% | 3.6% | +23.5% | 0.9% | 7.9% |
| Median | 10.3% | +13.8% | +0.0% | 10.1% | 19.7% | 28.6% | +1.3% | 16.4% | 3.1% | +11.0% | 4.8% | 15.7% |
| Win % | 0% | 50% | 50% | 20% | 50% | 0% | 50% | 25% | 50% | 50% | 50% | 25% |
2025
2024
2023
2022
2021
Avg
Median
Win %
Frequently asked questions
What is the best performing month for Gold commodity?
Historically, October is the best performing month for Gold commodity with an average return of +23.48%.
What is the worst performing month for Gold commodity?
Historically, June is the worst performing month for Gold commodity with an average return of 37.41%.
What is the best performing quarter for Gold commodity?
Historically, Q4 is the best performing quarter for Gold commodity with an average return of +4.99%.
What is the worst performing quarter for Gold commodity?
Historically, Q2 is the worst performing quarter for Gold commodity with an average return of 42.81%.
What is the best performing year for Gold commodity?
Historically, 2025 is the best performing year for Gold commodity with a return of +30.85%.
What is the worst performing year for Gold commodity?
Historically, 2022 is the worst performing year for Gold commodity with a return of 93.25%.
Which month has the highest win rate for Gold commodity?
Historically, February has the highest win rate for Gold commodity — positive in 50% of years.
Which month has the lowest win rate for Gold commodity?
Historically, January has the lowest win rate for Gold commodity — positive in 0% of years.
Which quarter has the highest win rate for Gold commodity?
Historically, Q1 has the highest win rate for Gold commodity — positive in 75% of years.
Which quarter has the lowest win rate for Gold commodity?
Historically, Q2 has the lowest win rate for Gold commodity — positive in 0% of years.
Data & methodology
How are returns calculated?
We compare the closing price at the end of each period (month or quarter) with the closing price at the end of the previous period. The return is the percentage change. Based on historical closing prices from our data provider.
What is average vs median?
Average is the arithmetic mean of returns for each period across years. Median is the middle value. Both exclude empty cells. Use median to reduce impact of outliers.
What does the heatmap show?
Green cells indicate positive returns, red cells indicate negative returns. The darker the color, the stronger the move. Average and Median rows summarize each column across years.
What is Win %?
Percentage of years when the period had a positive return.