Juan Carlos Artigas
Global Head of Research World Gold CouncilYou asked, we answered: Is there a January effect for gold?
Investors often ask us if the gold price experiences any seasonal effects. The short answer is that gold tends to do well, on average, in both January and late summer. Reasons behind these effects can be linked to portfolio rebalancing, bond performance and seasonal gold demand.
Krishan Gopaul
Senior Analyst, EMEA World Gold CouncilCentral banks’ summer of buying continues into October
Central banks’ gold buying slowed in October but did nothing to alter the overall trend of robust buying that has captured the attention of gold investors. Reported global net purchases totalled 42 tonnes (t) during the month, 41% lower than September’s revised total of 72t, but still 23% above the January-September monthly average of 34t.
