MEASURED RESULT
The gold-price path after October 7, 2023.
Gold gained 1.42% in the first London PM session, 4.92% after five sessions, 9.61% after 20 sessions and 13.01% after 60 sessions.
- Maximum advance
- +14.22%
- Maximum drawdown
- +1.42%
- Study horizon
- 60 London PM sessions
PRICE COMPARISON
One baseline, four consistent windows.
Returns are measured from the last available London PM benchmark before the event to the specified number of subsequent benchmark sessions.
$1,845.50 per troy ounce
$1,909.20 per troy ounce
$1,994.45 per troy ounce
$2,056.35 per troy ounce
Baseline: $1,819.60 on October 6, 2023. Price source: LBMA Gold Price PM. GoldPriceNow calculations are rounded to two decimal places.
EVENT ANCHOR
Why this date starts the comparison.
Hamas launched attacks against Israel on October 7, 2023, and Israeli authorities declared a state of war. Because the event occurred on a Saturday, the study compares the October 6 London PM benchmark with the sessions beginning October 9.
Event source: United Nations UNRWA situation report, October 7, 2023.
INTERPRETATION
What the price path shows.
A historical return is an observation, not proof that the selected event caused every part of the move.
Unlike the other three studies in this initial library, each measured endpoint remained above the pre-event baseline. The maximum advance inside the 60-session window was 14.22%.
The persistent rise describes the observed price path, not a single-cause attribution. Interest-rate expectations, the dollar and other macro developments continued to change during the same period.
The study uses the first London session after a weekend event and measures association rather than causation. It does not estimate how much of the move came specifically from the conflict.