According to GoldSilver, an online distributor of precious metals, the best times of year to buy gold are early January, March and early April, or from mid-June to early July. Since 1975, the price of gold has tended to fall more in March. The daily chart above shows that April could offer a slightly lower global price, but history shows that March is the month in which gold falls the most and is therefore one of the best times to buy. In the past 45 years, the best-performing months for gold prices have been September, November and January.
If you want to get the best deals on gold and silver jewelry, you should try November, when the Christmas sales officially begin. Black Friday, which falls the day after Thanksgiving, has always heralded Christmas shopping. Over the years, it has become the best day to look for big bargains. There are very specific months of the year when gold prices tend to perform much better than other months.
Even though I've been participating in the gold market for the past 20-odd years, I've only seen it happen twice. As the son of an award-winning gold digger, with family-owned mining claims in California, Arizona and Nevada, Jeff has deep roots in the industry. People smart and patient enough to conserve their gold reserves during terrorism, war, protracted recessions, and other global upheavals are rightly proud and are likely to remain unsold, especially considering that economic and political difficulties around the world are often the norm, not the exception. In March, you'll receive gold and silver jewelry at ridiculously low prices that you may not see again during the year.
If you don't, it's quite possible that the price of gold will leave you behind and force you to pay not only a higher price, but also a higher premium. You can buy precious and fine jewelry, such as gold and silver, at the best prices in August because stores have to keep a business running. Remember that gold is inversely correlated with other investments, including stocks, so you must have a significant amount of ingots before a stock market selloff occurs. These two days make November one of the best times to buy fantastic prices on anything under the sun, including gold and silver jewelry.
During the past five decades of floating gold prices, the price of gold bottomed out approximately once every eight years. And I say that the fourth quarter is “in general the best time to sell, because if you look again at that chart of the months with the best and worst performance of gold, you will realize that October was one of the best months to buy gold”. This means that, from a historical point of view, the best times to buy gold are early January, March and early April, or from mid-June to early July. It is tempting to think that gold represents an objective and unshakable measure of wealth, especially considering the role of metal as an investment throughout civilization.
People plan family vacations and other fun ways to spend this exciting time of year, but buying expensive silver and gold jewelry is not a big success.