The Best Month to Buy Gold Based On Seasonality.

This pattern is borne out by decades of data, and hence has obvious implications for gold investors.

Can you guess which is the best month for buying gold?

When I first entertained this question, I guessed June, thinking it would be a summer month when the price would be at its weakest. Finding I was wrong, I immediately guessed July. Wrong again, I was sure it would be August. Nope.

Cutting to the chase, here are gold’s average monthly gain and loss figures, based on almost 40 years of data:

average gold price 1975 2013 investing

Since 1975—the first year gold ownership in the US was made legal again—March has been, on average, the worst-performing month for gold.

This, of course, makes March the best month for buying gold.

Read More: goldsilverworlds.com/investing/the-best-month-to-buy-gold-based-on-seasonality/

We use cookies to improve your experience and analyze site traffic. Some cookies are optional and require your consent.

More information