Palladium/AUD

Opening the month around USD 2,400, the gold price gained for a number of trading sessions as the market digested comments that followed the US FOMC meeting. While the Funds rate was kept steady as widely expected, the Chair Jerome Powell’s comments that the easing of monetary policy was ‘imminent’ were positive for gold. Like other assets, gold was heavily ...

Reading gold's September tea leaves Gold has seasonal winds at its back in September. Since 1974, when it became legal for Americans to own gold, gold bullion has produced an average gain of 1.7% in September. That's the best month of the year for gold's average return, far better than the 0.5% average for the other 11 months of the calendar. The only ...