$Gold Cycle ,Seasonal Pattern and Trading Guide
Friday, January 4, 2013
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Gold has a seasonal tendency to peak in late January after the holiday season , as jewelry demand starts to decline , price increases can last into the first
part of February ,when inventories are being replenished by dealers preparing for retail sales for Valentine's Day gifts .
Gold tends to post seasonal bottoms in late July or early August as demand increases when jewelers again stock up ahead of the wedding season in India and Also when investors return from summer vacations , Gold prices are also subject to spike in demand from the investment community , which uses Gold as a hedge
or protection from concerns over inflation or times of economic instability and uncertainties , it is valued in terms of the U.S. dollar ,so periods of dollar weakness help support Gold's value , Longer-term cyclical forces can dramatically impact the seasonal price moves of the market .
See the chart below .
Ayman Khlifat on Twitter
Follow @aymankkhlifat
Contact Ayman Khlifat
Gold has a seasonal tendency to peak in late January after the holiday season , as jewelry demand starts to decline , price increases can last into the first
part of February ,when inventories are being replenished by dealers preparing for retail sales for Valentine's Day gifts .
Gold tends to post seasonal bottoms in late July or early August as demand increases when jewelers again stock up ahead of the wedding season in India and Also when investors return from summer vacations , Gold prices are also subject to spike in demand from the investment community , which uses Gold as a hedge
or protection from concerns over inflation or times of economic instability and uncertainties , it is valued in terms of the U.S. dollar ,so periods of dollar weakness help support Gold's value , Longer-term cyclical forces can dramatically impact the seasonal price moves of the market .
See the chart below .
Ayman Khlifat on Twitter
Follow @aymankkhlifat
Contact Ayman Khlifat
