A September Outlook for Gold

Author: USGI
Date Posted: September 1, 2015 Read time: 1 min

Daniela Cambone of Kitco News welcomes Frank Holmes for another edition of Gold Game Film, this time kicking off football season with a September outlook for gold. Frank says that historically gold has been up around 80 percent of the time during the month of September, so that is a positive sign for investors to pay attention to as August comes to an end.

Daniela Cambone of Kitco News welcomes Frank Holmes for another edition of Gold Game Film, this time kicking off football season with a September outlook for gold. Frank says that historically gold has been up around 80 percent of the time during the month of September, so that is a positive sign for investors to pay attention to as August comes to an end.

Frank says the possibility of rising interest rates will continue to be a threat to gold, although he doesn’t see that move by the Federal Reserve happening anytime soon. What should investors look for this week? Tune in to the replay to see Frank’s touchdown pass!

 

 

 

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 06/30/2015: Barrick Gold Corp, Freeport-McMoRan Inc., Newmont Mining Corp.