On 17 March 1968 the system that fixed the price of gold at USD35.00 collapsed and the gold price was allowed to fluctuate. The following chart shows the dollar price of gold since that time.
The following chart shows the average returns by month of gold($) for the period 1968-2014.
- Gold($) has been strong in the months of February, September and November
- Gold($) has been weak in the months of March and October.
Since 1968 the month with the highest volatility has been January, while the lowest has been April.