Gold Returns

Preprint OPEN
Robert J. Barro; Sanjay P. Misra;
(2013)
  • Subject:
    • jel: jel:G12 | jel:E44 | jel:N20
    mesheuropmc: health care economics and organizations

From 1836 to 2011, the average real rate of price change for gold in the United States is 1.1% per year and the standard deviation is 13.1%, implying a one-standard-deviation confidence band for the mean of (0.1%, 2.1%). The covariances of gold's real rate of price chan... View more
  • References (13)
    13 references, page 1 of 2

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