This paper investigates whether gold and silver can be considered safe havens by examining their long-run linkages with … 22 stock price indices. More specifically, the stochastic properties of the differential between gold/silver prices and … is found for the gold price differential vis-à-vis BEF, BSE, CAC, DOW, KLS, KS1, MXX, N100, NAS, NYA and SP5 and for both …

This paper presents and explains the newly rediscovered and transcribed daily market gold price from 1919-1968 for the … world's main gold market during the period, the London Gold Fixing Auction. The paper highlights several novel features … previously not discussed in the literature, such as gold prices fluctuating at the daily Gold Fixing even during the two Gold …

Expectations of Sterling returning to Gold have been disregarded in empirical work on the US dollar - Sterling exchange … a return to gold follow a logistic function. We draw several conclusions: (i) the PPP model works well from spring 1919 … to spring 1925; (ii) wholesale prices outperform consumer prices; (iii) allowing for a return to gold leads to a higher …