Hello, I don't know much about metal markets and their fundamentals. Is there fundamentals that create a relevant seasonality in Gold, Siver, Copper, Platinum, Palladium, and between them. Energy shows some seasonality because heating oil is consumed in the winter and Gasoline in the driving season... Grains according to crops, demand for feeding cattle...Meats according to summer barbecues and so on... Is there the same kind of seasonal production/demand factors in metals or are they simply produced and consumed all year long? Thanks a lot.
In MRCI Encyclopedia, they explain seasonality of gold versus other metals by the increased consumption of gold as jewelry going into Christmas until Chinese new year in February. Do you believe this kind of factors?