Why January Could Be a Good Month for Gold

Via SchiffGold.com, If history is any indication, January will be a good month for gold. According to analysis by the World Gold Council, gold tends to perform well in the first month of the year. Since 1971, gold has had an average return of 1.79% in January. That’s nearly three times the long-term monthly average.

Over that same period, gold has charted positive returns in January almost 60% of the time. Going back to 2000, gold has gained in 70% of Januaries. The World Gold Council points to three factors that may boost gold’s…