This article explains the various seasons for gold and why they...

This article explains the various seasons for gold and why they occur. Below only covers some parts of the article. The link includes a chart.

http://www.mining.com/web/tis-gold-season-get-it-before-its-gone-gold-miners-weekly/

“Gold has very powerful, and hence very tradable, seasonal tendencies, just like the weather. In fact, these seasonal tendencies are linked, directly or indirectly, to seasonal weather patterns. There are times of year, in Asia generally, and in India and China particularly, where gold buying gets extremely heavy (cheesy pun intended). It’s these times that are, in aggregate, responsible for gargantuan Asian demand. These seasonal events can generally be categorized as harvest, wedding, and festival related. However, it would be a mistake to treat them as isolated occurrences as they overlap in meaning and timing. For example, some festivals are strongly associated with the harvest, and weddings are planned to coincide with festivals to invite a blessing on the union. Understanding the dynamics that drive demand in the world’s largest gold importers is critical for investors looking to profit in the gold sector. Ironically, it is our experience that this is an area in which most gold sector investors are either woefully unaware or underestimate its significance. With that said, let’s get a handle on these seasonal events and the best times of year for gold investors. We’ll start with the best seasonal time to buy gold, which as you can see by the arrow on the chart below, is now! (Credit for the chart goes to Moore Research and U.S. Global Investors)”
“According to The Economic Times, favorable growing conditions have prompted Indian farmers to plant approximately 7% more crops than last year. Reasonable expectations are that bumper yields will be harvested and will increase farmer’s profits. Traditionally, farmers have exchanged a healthy chunk of their profits for gold because in rural areas, there isn’t a Wells Fargo on one corner and a Bank of America on the other. More profoundly, Indians have been buying gold as a reliable way to store and preserve wealth for millennia. Approximately 60% of Indian gold demand comes from rural areas and 70% of the Indian population resides in rural areas.”
“And, with the likely prospect of a very promising harvest, it is reasonable to believe that Indian gold demand will be strong through harvest season as rupee’d up farmers will be eager to exchange their profits for gold. The Mid-Autumn or Moon Festival is celebrated by the Chinese and the Vietnamese and time-wise, is similar to the Indian harvest season. The festival has three fundamental components; gathering with family and friends, giving thanks for the harvest, and praying for material satisfaction. Similar to Indians, the Chinese are also committed savers and like to save their money in gold. This, in conjunction with the Indian harvest festival, makes for strong gold demand at this time of year. According to gold seasonality expert, Adam Hamilton from Zeal Research, the harvest season is the second best seasonal time to buy gold. His research has uncovered that between 2001 and 2011, in the month of September alone, gold has rallied on average, 3.2%.”