The price of gold typically increases in the second half of the year. This pattern is so striking that even a large number of market observers are aware of it. However, using Seasonax allows us to investigate this more closely.
Take a look at the seasonal gold chart, which shows the average prices over twenty years.
Gold shows a strong seasonal trend. Source: Seasonax
As you can see, gold falls seasonally from the end of February until well into July, while increases take place between July and the beginning of October and then, particularly, in January and February.