As we near the end of 2020, it seems that precious metals are getting ready to rally again. Scroll down to read more…
Gold: seasonal rally begins today?
This commentary piece on Kitco discusses how gold often begins a significant seasonal rally around the Fed’s December meeting which happened to be this week on December 15.
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These seasonal rallies are likely related to Asian buying for Chinese New Year celebrations, and Goldman’s physical gold ETF announcement is timely.