Gold investors “should really like August and September”, says David Yoe Williams on TheStreet.com. At this time of year the price often gets a boost as demand for the metal picks up. Jewellery becomes more popular as people begin to prepare for India’s wedding season, while Christmas and Diwali also take place towards the end of the year.
China’s New Year celebrations then follow early in January or February. Around two-thirds of annual gold production is used for jewellery, and Asia accounts for 70% of jewellery demand.
Gold tends to do [...]