SAXO Bank: Can Gold Overcome the ‘September Curse’? Gold is trading near $2,500, attempting to overcome its historical tendency to decline in September, a pattern that’s happened in 9 out of the last 10 years. Despite a recent dip to $2,470, gold has rebounded, buoyed by global economic slowdown concerns. This economic climate has increased risks for growth-dependent assets while simultaneously raising expectations for more aggressive interest rate cuts from the Federal Reserve, whose next meeting is scheduled for September 18. These factors are contributing to gold’s resilience against its typical September weakness. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China Seeks to Avoid Trade War in Response to EU Car Tariffs READ MORE The 'Cash Trap': High Interest Rates Lure Investors, but for How Long? READ MORE Gold’s ‘Record March Higher Set To Continue,’ Goldman Says READ MORE Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends READ MORE Diminished Fed Rate Cut Hopes to Keep U.S. Treasury Yields Elevated READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment