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.
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.