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 Treasury Yields Decline Following Lower-Than-Anticipated Inflation Report READ MORE Gold Prices Rise for Fifth Week Amid Iran-Israel Tensions READ MORE UBS Sees Strong Potential in Commodities, Elevates Precious Metals Allocation READ MORE Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven Demand READ MORE Copper Short Squeeze Rocks Global Markets as US Prices Soar READ MORE Add a Comment Cancel replyYour email address will not be published.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