Gold’s recent ~10% pulldown over the past few weeks may have rattled newer investors—and even seasoned ones. Sell-offs are part of the journey in any long-term allocation, but they can still test conviction.
If you’re looking for something to steady the nerves, seasonality may help.
Looking back at data since 1973, gold is now entering its strongest three-month stretch of the entire year. The December–February period has produced the highest average returns—nearly double the average of all other rolling three-month windows.
Pair that seasonal tailwind with a healthy reset earlier this month and persistent demand for the “debasement” trade, and the backdrop looks constructive. Based on the current setup, we believe gold is positioned to reach new highs in the coming months.
