Historical Year Data · 2016
Gold Net Speculative Positioning in 2016
Gold Net Speculative Positioning opened 2016 at 26,560 and closed at 98,343, a +270.27% move for the year. The high of 315,963 was reached on July 5, and the low of 26,560 on January 5.
Open
26,560
2016-01
Close
98,343
52 data points
High
315,963
Jul 5
Low
26,560
Jan 5
Full Year Change
+270.27%
2015 Change
-84.37%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 26,560 | 59,040 | 59,040 | 26,560 | +122.29% |
| Feb | 72,822 | 144,978 | 144,978 | 72,822 | +99.09% |
| Mar | 152,413 | 189,806 | 189,806 | 152,413 | +24.53% |
| Apr | 190,400 | 220,857 | 220,857 | 190,400 | +16.00% |
| May | 271,648 | 197,135 | 271,648 | 197,135 | -27.43% |
| Jun | 228,619 | 301,920 | 301,920 | 228,619 | +32.06% |
| Jul | 315,963 | 278,955 | 315,963 | 278,955 | -11.71% |
| Aug | 294,183 | 276,341 | 294,609 | 276,341 | -6.06% |
| Sep | 307,860 | 291,904 | 307,860 | 256,179 | -5.18% |
| Oct | 245,508 | 196,980 | 245,508 | 179,618 | -19.77% |
| Nov | 215,131 | 151,570 | 217,238 | 151,570 | -29.55% |
| Dec | 136,380 | 98,343 | 136,380 | 98,343 | -27.89% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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