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Equity yields support gold as investors position for historical September strength

World Gold Council/Staff/8-5-2021

graphic image of a book and reading glasses A Good Weekend Read

“Investors often use seasonal patterns to find opportune entry and exit levels. This tends to hold true for gold on average, over time. Historical analysis suggests that after a statistically positive performance during January, gold returns tend to be mixed with no consistent pattern linked to seasonality but driven instead by underlying macroeconomic variables. That tends to change again towards the end of Q3 when various market forces align resulting in a historically strong period for gold.”

USAGOLD note:  History shows that August is a good month to buy gold. A detailed rationale awaits you at the link.

bar chart showing seasonal price patterns for gold showing August to be a good month to make a purchase

Chart courtesy of World Gold Council • • • Click to enlarge

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