WebOct 30, 2024 · The gold miners’ stocks have mostly been correcting in recent months, after blasting higher with gold last summer. While this necessary and healthy selloff to rebalance sentiment likely isn’t over yet, this sector is entering its strongest seasonal rally of the year. That portends big gains in coming months as the next bull-market uplegs in gold and its … WebFeb 25, 2024 · Prior to that, gold-stock seasonality was stronger as seen in this light-blue line. The HUI averaged incredible 27.2% annual gains over the 17 gold-bull years prior to 2024! That’s why ...
Monthly Forex Seasonality - July 2024: Good for Gold, US Stocks…
WebNov 1, 2024 · But now gold stocks’ strongest seasonal rally is getting underway, the winter one. That should provide a nice tailwind accelerating this sector’s upward momentum as it mean reverts higher. Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. WebMar 31, 2024 · The gold stocks are naturally thriving this spring, leveraging gold’s upside like usual. Applying this same modern-gold-bull-year seasonality methodology to gold stocks, they’ve averaged big spring-rally gains of 12.1%. That’s much better than the autumn rally’s +8.1%, yet still behind the winter rally’s +13.3%. they\u0027re trying
Gold Stocks
WebMar 10, 2014 · Since 1975—the first year gold ownership in the US was made legal again—March has been, on average, the worst-performing month for gold. This, of … WebOct 30, 2024 · This next chart applies this same modern-gold-bull-year seasonality methodology to gold stocks. Since GDX was born later in May 2006, its price history is insufficient for longer-term studies. WebMar 31, 2024 · Since it is gold’s own demand-driven seasonality that fuels gold stocks’ seasonality, that’s logically the best place to start to understand what’s likely coming. … safilo phone number