It is universally known that there are many, many sundry factors that can affect the price of gold and silver. To name just a few: Political Environment, Value of the US Dollar and the Euro, Commitment of Traders, Possible Manipulation by the Fed, US Fed Policies Regarding the Level of Interest Rates, International Belligerent Turmoil, the Relative Value of the Stock Markets…and last but NOT LEAST THE SEASONALITY of Precious Metal Prices.

This analysis will only focus on THE SEASONALITY of Precious Metal Prices as there enumerable encyclopedic reviews of all the other factors affecting gold and silver prices. Specifically, what has been the average monthly price variance of the price of gold or silver for the 12 months over a period. In an effort to seek objectivity, we have selected Seasonality Charts from several pundit sources.

Gold Seasonality

There are sundry determinations for Gold’s Seasonality…and here are a few views.

(Source: TradePro Academy)

Although one can make several conclusions regarding each monthly performance for the price of gold, the one which stands out from a timely point of view is JUNE…which we are entering as I speak. CLEARLY, the month of June has on average been a down month for the price of gold. However, Caveat Emptor (let the buyer beware), because IT IS NOT GUARANTEED that the gold price will necessary decline in June 2017 (due to all the other above mentioned factors that can affect the price of the shiny yellow). NONETHELESS, whereas history does not assure a repeat performance of the past, it indeed demonstrates lines of probability that the gold price may decline this June.

Silver Seasonality

Like the June gold price, silver likewise demonstrates a pronounced weakness in the month of June.

Indubitably, the price of silver shows an average material price weakness in the month of June. But like gold, there are many factors which can alter the June Seasonality. Consequently, it is best to be extra cautious this June regarding the price of gold and silver.

A sage old saying is: Whereas history does NOT repeat itself…it definitely rhymes.

By I. M. Vronsky
Editor & Partner - Gold-Eagle
www.gold-eagle.com

Founder of GOLD-EAGLE in January 1997. Vronsky has over 40 years’ experience in the international investment world, having cut his financial teeth in Wall Street as a Financial Analyst with White Weld. He believes gold and silver will soon be recognized as legal tender in all 50 US states (Utah and Arizona having already passed laws to that effect). Vronsky speaks three languages with indifference: English, Spanish and Brazilian Portuguese. His education includes university degrees in Engineering, Liberal Arts and an MBA in International Business Administration – qualifying as Phi Beta Kappa for high scholastic achievement in all three.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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