CHART OF THE DAY
Today’s chart illustrates that gold has tended to trade higher in the first month of a new year.
In fact, January has been the second best month for the yellow metal since 1976.
On average.Bonus Chart of the Day: Total Return by Asset Class.
What is gold’s average monthly gain?
Since 1976, gold has gained 0.6% per calendar month on average.
What was gold’s largest monthly loss?
The largest calendar month loss for gold since 1976 was 22.3% in March 1980.
What was gold’s largest monthly gain?
The largest calendar month gain for gold since 1976 was 27.5% in January 1980.
What is highest price of gold in history?
Since 1976, the peak price for gold was occurred on August 6, 2020 at $2,063.20 per ounce.