Year to date, the price of gold is up 12%. This is not unusual: the yellow metal also had a strong start into 2016, rising 18% over the same period. So is there a seasonal pattern to the gold price?
The first thing that needs to be addressed with all market activity as the New Year begins is the lack of liquidity during the first week or two of January. The following graph from the CMEGroup, the ...
International gold price recorded a sharp rally in October, hitting its 50th record high of the year during the month. Festive demand around Diwali and Dhanteras – India’s peak gold-buying occasions – ...
Gold finished January on an all-time-high of US$2,812, up 8% on the month, adding another positive start to its strong seasonal record. Global gold ETFs secured a US$2.6bn (30t) gain in AUM, driven ...
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