Gold investors are hurting from prices within 1% of a two-month low can find solace from the historical record and research and showing gold performs best in September. Our Bloomberg chart of the day shows bullion averaged gains of 3% each September over the past 20 years, beating next best month November.
Buying increases with India’s festival period, which runs from late August to October and is followed by the wedding season. At these times, bullion is bought for part of the bridal trousseau or in jewelry and bar form as gifts from relatives.
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