Expect typical Gold Run-up in Price January?

Discussion in 'Gold' started by goldenspike, Dec 29, 2016.

  1. goldenspike

    goldenspike Member

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    Historically January has been the 2nd best performing month for gold.

    Reasons suggested is the Chinese Lunar New Year in February, and residual demand from the Indian gold buying season that ends in December.

    March is traditionally been the worst month for the gold price.

    Will the trend continue?

    [​IMG]
     
  2. Pirocco

    Pirocco Well-Known Member

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    Crises tend to contain values that deviate most from the average.
    Take for ex 2008's bottom, $750, was in september, in your chart being the month with the biggest average gain of the year.
     

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