Press releases
Gold Commentary
Research paper – Linking Global Money Supply to Gold and Gold to Future Inflation
The gold price has a positive correlation with money supply growth, according to a new empirical study produced by the World Gold Council, a fact that is extremely pertinent in today’s environment of elevated money supply growth. Moreover, money supply growth tends to precede gold price increases by 6 to 9 months. The paper, released today, also shows that a surge in the price of gold is an advance signal of higher velocity of money and, consequently, future inflation pressures.
