What are the months that are not off or prosperous in the off -season and peak season from January to December from the month of the month?
5 thoughts on “What are the months of the off -season and peak season of gold?”
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Fresh Season from June to July: Generally speaking, buying gold must avoid the peak of marriage, because many newcomers will buy gold during this period, resulting The price of the month is the cheapest.
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The discount on holidays: In addition, if you encounter solar terms such as the 38th Festival, Labor Day, Mid -Autumn Festival National Day, New Year's Day, the New Year's Day So launching some discount activities, do not pay attention to identification. Sometimes the solar term merchants may sell more expensive. n For a long time, the seasonal law of commodity prices is one of the pointers commonly used in the futures market. As a gold market with dual attributes of goods and finance, there are also seasonal laws to follow. Throughout the history of gold transactions, the changes in gold prices over the years have also showed strong seasonality. It can be seen from the historical trend of the golden month of gold that the price of gold is generally fell from February to April, and it will rise in May, and the prices remain shock in June and July. The price rebounded sharply in August and September, and the rise continued until the end of the year.
. Analysis of the seasonal law of the gold price
The statistics of the price increase of gold price from 1974-2008, we will find a very strong seasonal law. Analyze the seasonal law of gold prices, nothing more than exploring the following answers: when the price of gold is easy to rise and when it is easy to fall in the year; There are other features and so on.
The gold price has three peaks in the year, namely September, October and December, of which the average increase in September and October has the largest increase, reaching 2 to80%. The other two lows of the gold price increased throughout the third month after the peak rising peak in April and December, in July and March.
. Analysis of the cause of the seasonal law of the gold price
So why is the gold meeting showing this seasonal rising trend? The main reason is from the jewelry manufacturing industry. The next three quarters of each year is the main time period for jewelry sales. Especially in the fourth quarter, sales will rise because of Christmas. Before Christmas, the Indian Lantern Festival will continue from November to the peak of marriage from December.
The basic economics theory tells us that gold prices are restricted by supply and demand -supply and demand -supply is less than demand, gold prices rose, and otherwise decline.
1. In terms of demand
70%of the spot demand for gold comes from jewelry manufacturing (since 2009, investment demand exceeds the needs of jewelry industry for the first time, and in the first half of 2010 Investment demand accounts for more than 50%for the first time, becoming the leading factor of gold prices. Therefore, the seasonal law of gold prices will be not as obvious as before). From September to February of the following year, India's Lighting Festival, Eid in the Middle East, the Laptains' Festival, the Western Christmas and the Chinese Lunar New Year will come one after another, and the jewelry market has also ushered in the peak sales season. The Jewelry Chamber of Commerce purchases gold in advance 1-2 months before the peak season, so from August to January of the following year is the peak season for the jewelry manufacturing industry. During this period, jewelry dealers' concentrated purchase of gold will push the price of gold; while the rest of the period, because the market demand is relatively dull, the price of gold is also weak.
October is the peak season for gold consumption. Seasonal consumption is an important force to promote the rise of gold prices. As the world's largest gold consumer country, India, its demand accounts for one -third of the world's gold demand. October is the traditional festival season of India. Most of the wedding events are concentrated in October and the next few months. Therefore, India's strong demand for gold during this period is a strong support for gold prices. After the consumption season in India, the subsequent Christmas, New Year's Day and the Chinese Lunar New Year will also bring a climax of gold consumption.
Gold investment and wealth management should pay attention to: the seasonality of the gold market is relatively strong
usually summer is a traditional off -season. Starting in August and September, the price of gold will gradually strengthen.
The reason here mainly comes from jewelry manufacturing. The last few months of one year is the main period of jewelry sales.
It September to February of each year, festivals in India and the Middle East, Christmas in the West, and Chinese Spring Festival have come one after another, and the jewelry market enters the peak sales season. The Jewelry Chamber of Commerce purchases gold in advance 1-2 months before the peak season. Therefore, from August to January of the following year, the peak season for the jewelry manufacturing industry is the peak season.
In this period, jewelry dealers' concentrated purchase of gold will push the price of gold, which has led to seasonal price fluctuations in the gold market.
The collection and use function of gold jewelry is far stronger than the investment function. Many people like to collect gold jewelry and think they can preserve value and value. The foot gold jewelry in the market has been processed. Although the added value is increased, the value preservation and value -added function is relatively weak. It is not easy to "realize" when the gold price rises. Because it is difficult to find the right buyer, gold jewelry monetization can only be paid through the channels of merchant repurchase, pawn banking, jewelry processing shop, and pay a low fee. Therefore, if you want to increase the value of assets through the rise in gold prices, do not buy gold jewelry.
What are the months of gold and peak season? Relatively speaking, the first half of the year is a relative off -season. According to the news, September to October is the peak season for India's consumption gold. India is also the country with the most gold consumption in the world. It will promote the rise in global gold prices. The so -called September and October is the peak season of gold. The summer and winter of the year are the peak season, and the other two quarters are worse.
The reason is that the consumption of people's gold in summer is mainly jewelry, especially ladies want to "show" a beautiful self, so summer sales are better; winter sales are the main reason is that the winter marriage rate is very high, especially It is a small and medium -sized cities and rural consumption. Winter purchase is given to the favorite person as a gift.
The summer and winter of the year are the peak season, and the other two quarters are worse.
The reason is that the consumption of people's gold in summer is mainly jewelry, especially ladies want to "show" a beautiful self, so summer sales are better; winter sales are the main reason is that the winter marriage rate is very high, especially It is a small and medium -sized cities and rural consumption. Winter purchase is given to your favorite person as a gift.
In the past 40 years, it is the off-season of consumption in August, and the consumption season in September to February. The months and summer of the New Year's Day are traditional off -season. September November is the month with the largest average gold increase in the year. There are many factors that affect gold, and this is not based on this. It was rising from March to June this year, affected by the European debt crisis.