What Drives Gold Prices?
Chicago Fed Letter, No. 464, November 2021
What Drives Gold Prices?
Chicago Fed Letter, No. 464, November 2021
By Robert Barsky , Craig Epstein, Adrian Lafont-Mueller , Younggeun Yoo
A half century after gold ceased to play a significant formal role in the international monetary system, it still captures a great deal of attention in the financial press and the popular imagination. Yet there has be…