Dynamics of Gold in the Contemporary Era

Abstract

Since the beginning of gold standards, gold is always preferred over paper currency. Over the years, gold has been found to have a peculiar linkage with different asset classes. The current study is an attempt to analyse the probable relationship of gold prices with crises. The current study highlights as to how gold could act as a saviour during the time of global crisis like the current pandemic (COVID 19). Additionally, it conducts a comparative assessment of gold returns vis-à-vis equity market returns and inflation over the last decade. Finally, the study concludes with alternative gold investment options and policy remarks.