been pivotal in the development of international petroleum exchanges. The low volatility of the gold price is the reason … why market participants usually view gold as a wealth preserver especially during inflationary time periods. In this paper …, we present the stylized facts of the oil and gold price volatility – for usage of optimizing the returns on an oil and …

Recent gyrations in the price of gold may lead one to wonder whether economic theory has any power to explain gold …

relationship between gold prices and the US unemployment rate, using three different periods of monthly observation, Model I: 1978 … gold and unemployment in Models II and III, with Model III representing the strongest and most significant relationship …. During 2008-2016 the price of gold increases by 4.7% for every 1% change in the unemployment rate, ceteris paribus. The short …

world's main gold market during the period, the London Gold Fixing Auction. The paper highlights several novel features … time when gold was the centre of the world's monetary system. We find that the Gold Fixing price was informationally …This paper presents and explains the newly rediscovered and transcribed daily market gold price from 1919-1968 for the …

This paper probes the relationship between geopolitical risks (GPR), WTI oil, and gold prices utilizing the time … the pairs of GPR-WTI, and GPR-gold prices for the full sample period, while the causality between gold and WTI is … unidirectional, running from gold to WTI. Using the rolling causality test, however, the findings show that the dynamic causal …

Motivated by the recent gold price boom, this paper investigates whether rapidly growing investment activities have … caused a new asset price bubble. Drawing on gold's role as dollar hedge, inflation hedge, portfolio diversifier, and safe … haven, we calculate fundamentally justified returns, approximate gold's fundamental value, and apply a Markov regime …

This paper describes the structure of the world gold market, its sources of supply and demand, and how it functions …. The paper examines the composition and origin of physical stocks of gold, their flows, and their market destination and … also reviews the operation of bullion and paper gold markets …

our problem allowing us to ask how old forms of money such as Gold and Silver hold up in today's world regarding their …. We analyse price dynamics from 1980 to 2020 for gold and silver resorting to annual data. Regarding bitcoin we employ …