| From Resourceinvestor.com: Believe it or not seasonal factors do affect gold price levels. This probably sounds counterintuitive initially. Investors and speculators can buy and sell gold anytime regardless of the passing of the calendar year, so why does the time of year matter? The answer is quite logical. It matters because calendar seasons greatly affect gold investment demand.
These seasonal tendencies reinforce the annual analysis. Summers, especially June and July, tend to be weak during the summer doldrums. August looks strong in monthly terms, but realize most of these gains merely offset July’s big losses...........................................Full Article: Source
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