Reported about 1 month ago
As gold investors return from summer vacations, there's uncertainty over whether gold can continue its strong performance or will follow the historical trend of declines in September. Since 2017, gold has averaged a 3.2% drop every September, coinciding with the month’s high dollar strength, which hampers gold purchases. Even with a remarkable 22% increase this year, external factors like anticipated Federal Reserve interest rate cuts and heightened geopolitical tensions will play critical roles in gold's performance amid the September challenge.
Source: YAHOO