Gold Seasonality Chart Points To Strong Gains September Through February

The month of September has historically been the strongest for precious metals. Since the start of the current bull market, gold has averaged a gain of 2.6% during the month of September. This is typically followed by a smaller gain of 0.8% in October and then a few more strong months in November, January and February. Taken together, we are exiting the weakest seasonal period for gold (Spring-Summer) and entering into the strongest seasonal period (Fall-Winter).
The following chart has been updated to include data through September of 2014:

This post was published at Gold-Eagle on September 2, 2014.