The paper examines the evolving role of gold in the light of the current gold rush in India despite the worsening … financial crisis across the globe and aggressive inflationary conditions. Economically, gold is a lucrative investment that … that lead both the rich and the poor alike to the altar of gold. That is why India remains the largest importer and …

We find that gold has not performed particularly well compared to other assets. However, there is a place for gold …-related assets in institutional portfolios separate from commodities and energy equities. The role for gold lies in its … diversification and macroeconomic hedging benefits.We examine the potential role of gold in institutional portfolios, analyzing this …

The paper is a study of the price level and relative price effects of a policy to monetize gold and fix its price at a … gold standard and during the post-monetization period. The paper also explores the adjustments to fiat money which are … necessary to ensure that this type of gold monetization is non-inflationary. Finally, some conditions which produce a run on the …