Gold bull market: Buy mines now?
Gold has gained 50% in two years, but Newmont Mining has lagged behind. Seasonality shows its strongest phase is from November 27th to April 11th, with an average gain of 24.04%. Could now be the time to catch up?
commodities
Gold Performance Over the Year and the Month
Around 50% of current gold production flows into jewelry production. This has a considerable influence on the price of gold. The Indian wedding season in autumn, the Christmas season and the Chinese New Year increase the demand for gold for jewelry production, with purchases by jewelers taking place in the run-up to the respective festivities.
Gold im Jahres- und Monatsverlauf
Etwa 50 Prozent der laufenden Förderung von Gold fließen in die Schmuckproduktion. Sie hat dadurch einen erheblichen Einfluss auf den Preis. Durch die indische Hochzeitssaison im Herbst, das Weihnachtsgeschäft und das chinesische Neujahrsfest steigt die Nachfrage nach Gold für die Schmuckherstellung.
Crude Oil: Is The Next Price Surge Coming?
Some seasonal trends are counter-intuitive.
The price of crude oil is falling despite the start of the heating season in the fall. Would you have known?
Rohöl: Kommt jetzt der nächste Kursschub?
Manche saisonale Verläufe sind gegen jede Intuition.
So fällt der Rohölpreis trotz der beginnenden Heizsaison im Herbst. Hätten Sie es gewusst?
Gold at USD 2,000: What’s next?
As you may have noticed, the price of gold recently touched the psychologically important round mark of USD 2,000 per troy ounce, before coming back down again.
Can Soybean prices recover from here?
There are some mixed messages for Soybean markets with a bumper crop from Brazil, but high temperatures over the US Summer have been impacting expectations for the US’s crop grade and concerns that China’s consumer habits may be changing too have weighed on sentiment.
Will gold climb out of the Fed meeting?
Wednesday’s Federal Reserve meeting will also be a meeting where the Fed outline their dot plot on rate projections.
Gold prices to rise into US CPI?
Gold prices are in a major focus right now ahead of the US CPI print due to be released on Wednesday at 1:30 UK time. Gold is extremely sensitive to US interest rate expectations and dollar moves. This has meant…
Gold’s turn of the month buy bias
The case for buying gold has been increasing over the last couple of weeks due to increased expectations that the Federal reserve will need to stop hiking interest rates as US economic activity show signs of slowing down.