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 Gold Holds Ground Above $2,512 Amid Mixed Economic Signals READ MORE Uganda Joins African Gold Rush to Stabilize Currency and Boost Reserves READ MORE Record High Industrial Demand for Silver Anticipated in 2023 READ MORE Ukraine's Air Defense Plea Intensifies After Devastating Missile Strike READ MORE Inflation Squeeze: Gen Z Turns to Parents and Budget Cuts to Survive READ MORE Add a Comment Cancel replyYour email address will not be published.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