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Is September the Best Month for Gold?

With the gold price hitting a 10-week low on Tuesday morning, Daniela Cambone of Kitco News asks Frank Holmes his opinion on how the precious metal could move as we head into a new month. Frank says that historically, September has been the best month for gold as we witness the beginning of many global celebrations during this time of year. He adds that by looking at historical patterns, it is easier to understand stock and commodity behavior, although such cycles are never a 100-percent determining factor in choosing how to invest.

Watch the replay of this week’s Gold Game Film to see Frank discuss the positive demand for gold out of India, and how the lack of fiscal policy in Europe could affect the gold price as well.

 

Where does gold come from?

Find out which countries produce the most yellow metal in the latest version of our interactive map!

 

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