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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs more

Catch gold’s high season with these ETFs

Posted on 03 July 2013

The period of seasonal strength for gold bullion is approaching. Thackray’s 2013 Investor’s Guide notes that the optimal time to invest in gold bullion for a seasonal trade is from July 12 to October 9. The trade has been profitable during 12 of the past 15 periods.
Traditionally, advances in gold during its period of seasonal strength is attributed to precious metal fabricators in India who purchase bullion to make into jewellery for the Indian wedding season that starts this year in the first week in November. India is the second biggest consumer of gold jewellery in the world behind China……………………………….Full Article: Source


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This post was written by:

VRS - who has written 37583 posts on Opalesque Commodities Briefing.


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