Gold Seasonals. FWIW.
Above is a chart for average monthly returns for Gold during the big Gold Bull 2002-2012.
March was the second worst month +0.1%. June was the only negative month -0.1%.
From Arabianmoney, here's the monthly returns for Gold since Gold became a free market commodity in 1971. (US terminated the Gold peg under the Bretton Woods agreement.)
This chart reflects average POG monthly in all conditions - bear market and bull market:
March is the worst month on average under all conditions.
Any instrument can diverge from its seasonal pattern. No particular year will necessarily follow the seasonal pattern.
So ... FWIW.
Redbacka
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,639.0 |
Change
77.200(0.90%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,561.8 | 8,641.3 | 8,561.8 |
| XJO (ASX) Chart |