The strange reason the gold price will go up 10% by mid October

The Indian wedding season will be starting soon, and this has traditionally meant demand for gold and silver go up in early October. This year has been a good harvest after two years of drought so it is likely demand will be higher than usual. This is coupled with the already tight physical gold and silver physical market, meaning you can expect a good price rise by mid October. An interesting factor you wouldn't expect to move the price.

Photo Agweb.com