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Having said that, recent scientific studies have indicated that the autumn influence could possibly have diminished or reversed with time. Changes in market actions and adaptation by investors, as described through the Adaptive Marketplace Hypothesis (AMH), suggest which the good returns once observed in September and November are no more as pronounced.
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The autumn outcome is usually a phenomenon observed during the gold marketplace, characterised by an increase in gold prices over the autumn months, precisely September and November. Baur's research demonstrated that for the duration of these two months, gold prices as well as the returns on gold investments are inclined to rise.
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