| Note from Charles Sizemore, Chief Editor: As part of our mission to continually bring you the best investment research and opportunities available, today I’d like to do something a little different…
Today, senior analyst Jeff Clark from Hard Assets Alliance shows you the best time to buy gold and silver each year … down to the month. (Guess what? The best month to buy is coming up fast!)
If you’ve been looking to add gold and silver to your portfolio, I can’t blame you. The dollar is tanking, stocks are volatile and precious metals tend to perform well in uncertain environments like these.
If you pull the trigger, I highly recommend checking out the HAA team’s premier purchase and custody service. They provide great prices on gold and silver, as well as options for delivery or storage.
Read on to learn why the best time to buy is right around the corner… | The Best Time of the Year to Buy Gold and Silver in 2023 by: Jeff Clark | Senior Analyst
February 05, 2023 Banyan Nation,
Can’t decide if you should buy gold now or wait?
Even though physical gold and silver have long-lasting qualities most other investments don’t, we all want the best price we can get. It’s only natural, and any good consumer will consider the timing of their buying decisions.
It’s a question almost every investor asks before executing: Even if I get a good price now, will I be able to get a better price later?
Well, history has an empirical answer for you.
I looked at the historical data to see if I could identify the best time of the year to buy. I suspected January would be best, but what I found was interesting… Best Time of Year to Buy Gold and Silver We calculated the average gain and loss for every day of the year since 1975 (when it was legal to buy gold again in the U.S.) and put it to a chart. Here’s what it shows.  (Click here to view larger image.) You can see that on average, gold tends to surge during the first couple months of the year. The price cools down through the spring and summer, then takes off again in the fall.
This means that on a historical basis, the best times to buy gold are early January, March and early April or mid-June to early July.
You can also see the price does not historically revisit its prior-year low. The low of the year is indeed in January — but it’s the low of that year, not the previous year.
Obviously, there were years when the gold price did fall — but there were also years it soared. Smoothing out all those surges and corrections and manias and sell-offs, investors will get their best price at the very beginning of the year, or the year before.
We ran the same data for silver and here’s what we found.  (Click here to view larger image.) It’s easy to see silver’s higher volatility. What also sticks out is that historically, silver doesn’t revisit its January lows. The only other best times to buy, on average, is in March or late June.
As with gold, you’ll notice silver typically doesn’t come close to revisiting its prior year price (though there were certainly years when the price of silver fell below where it started). The historical data says that on average, investors will get their best price in early January.
From our friends at Manward Press
Best Month of the Year to Buy Gold If you missed buying gold in January, when is the next best time to buy?
We broke the historical data down into months, and here’s what it shows.  Since 1975, the gold price has tended to drop the most in March. The daily chart above shows April might offer a slightly lower overall price, but history shows March is the month gold falls the most and is thus one of the best times to buy.
This trend does not apply to silver.  While the silver price is typically flat in March, the best month to buy is June, followed by October. The wisdom of buying in June is further supported by the daily chart above. Best Quarter to Buy Gold We also looked at which quarter of the year is the best time to buy gold. Based on the charts above you can probably guess when that is…  Since 1975, the first half of the year has clearly been weaker than the second half, and thus the best time to buy. The third quarter (July through September) has been gold’s strongest. The Best Time to Buy Gold Is… There are a couple conclusions we can draw from the historical record.
Buy gold and silver in… - Early January, March or April, and late June. The data show that you want to be fully positioned in both metals for the year before August.
- This year instead of next year. You are likely to get a better price this year than by waiting till next year. Whatever amount you want for your long-term holdings, buy it this year.
In the big picture, however, it’s less about snagging the exact bottom and more about how many ounces you own.
Remember, gold is inversely correlated to other investments, including stocks, so you want to have a meaningful amount of bullion before a stock market sell-off takes place. If you don’t, the price of gold could very well leave you behind, forcing you to pay not just a higher price but a higher premium.
We’re not waiting. We’ll buy more if it falls, but the point is, we’re prepared now for whatever the future may hold.
I hope you are, too. If not, I encourage you to buy physical gold and physical silver now to protect your family’s wealth. And if you’re concerned about how much you’ve got stashed in or around the house, consider our surprisingly affordable storage program. When to Sell Gold and Silver While gold and silver bullion should be considered long-term holds, there will come a time when you may want to sell. When would that be? Probably one of two occasions… - Personal or economic emergency. Since gold and silver are ideally part of your savings, they can provide a ready source of cash should the need ever arise. That need may be a personal one — a medical issue or loss of employment, for example — or some sort of crisis in the economy that impacts one’s standard of living, such as rising inflation or a recession.
- Expensive relative to other assets. Gold and silver prices can form price bubbles just like other assets, and if that occurs you might consider selling some of your holdings to capture a large profit. This would be especially true if prices of other investments have fallen and are undervalued, whether that be stocks or real estate or something else that might offer you a good bargain.
Regards,
Jeff Clark
Senior Analyst, Hard Assets Alliance
P.S. If you’re ready to take control of your wealth and purchase some hard assets today, you owe it to yourself to give our service a shot.
It gives you the opportunity to take personal delivery of the most in-demand precious metals or store them in one of our highly secure vaults.
Whatever you decide, if you click this link, you can secure six months of free storage on your bullion purchase for 100% free.
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