Gold is following through on last week’s bullish setup, signaling that the next 10–15% rally could be starting today. September is historically a volatile month for stocks, and that seasonality often drives investors into “safe harbor” assets.

Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed US-China trade tensions and expectations of interest rate cuts, while silver also rose to an all-time high. Spot gold was up 2.2% to $4,106.48 per ...