Gold

GCCOMEX

4,320.60▼-8.01%over 1 month

Gold futures, quoted per troy ounce. Held mainly as a store of value and a hedge against currency debasement; it pays no income.

Price history

Last close 2026-09-25

Return by period

1M▼-8.01%

3M▲+6.74%

6M▼-5.09%

1Y▲+14.57%

5Y▲+145.58%

Risk

Trailing year

Annualised volatility28.8%

Largest drawdown-24.9%

Period high5,318.40

Period low3,771.10

Position in range

Trailing year

36%

of the way from the year’s low to its high.

3,771.105,318.40

Historical context

252 sessions

Volatility19.9%
15th percentile of the last 232 readings — low. Annualised from the last twenty sessions, then ranked against the same calculation on every twenty-session window of the past year.
Latest session+0.53%
32nd percentile of the last 251 readings — below typical. Ranked on size and not direction, so an unusually large fall reads as unusual rather than as a low return.
Five sessions-2.36%
24th percentile of the last 247 readings — below typical. Ranked among every five-session change of the past year, direction included.
Twenty sessions-7.36%
14th percentile of the last 232 readings — low. Ranked among every twenty-session change of the past year, direction included.

A percentile is the share of the past year’s readings at or below the current one. The multi-session rows keep direction, so a high rank there means a strong rise; volatility and the latest session are ranked on size alone, so a high rank means a large move either way. All of it describes how ordinary today is by this instrument’s own standards, which is a statement about the record and not about what happens next.

Reported context

Unavailable

No summary right now. The underlying figures above are unaffected.

What these figures mean

Written by gpt-5.4-mini

Gold rose 14.7% over the trailing year, but the 28.8% annualised volatility means its price has typically moved around a lot rather than in a straight line. The largest peak-to-trough fall of -24.9% means that, at one point in the period, the price dropped by nearly a quarter from a previous high before recovering. With a period high of 5,318.40 and a period low of 3,771.10, the current price being 36% of the way from the low to the high places it closer to the low than the high.

A plain-English restatement of the calculated figures shown above, with no external information used. Written 25 Sept, 17:20 UTC.

What these figures mean

Writing

Published reporting on this move is being gathered now, and the explanation for it will replace this line as soon as the model has finished writing. Published reporting on this move is being gathered now, and the explanation for it will replace this line as soon as the model has finished writing. Published reporting on this move is being gathered now, and the explanation for it will replace this line as soon as the model has finished writing.

Other commoditys

Silver

COMEX

Copper

COMEX

Crude oil WTI

NYMEX

Crude oil Brent

ICE

Natural gas

NYMEX

Figures are calculated from closing prices and exclude dividends, coupons and the cost of rolling futures contracts. Volatility is annualised using 252 trading days. Past movement describes what happened and implies nothing about what happens next.