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London or New York: where and when does the gold price originate?

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Author
Lucey, Brian M
Larkin, Charles
O'Connor, Fergal A
Date
2013
Type
Article
Publisher
Taylor & Francis
Metadata
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Abstract
We investigate the Information Shares (ISs) of the two main centres of gold trading, over a 25-year period, using nonoverlapping 4-month windows. We find that neither London nor New York is dominant in terms of price IS, that the dominant market switches from time to time and that these switches do not appear to be very clearly linkable to macroeconomic or political events.
Journal/conference proceeding
Social Science Research Network
Citation
Lucey, B. M., Larkin, C. J. and O'Connor, F. A. (2012) 'London or New York: where and when does the gold price originate?', Social Science Research Network, 20 (8), pp.813-817
URI
http://dx.doi.org/10.1080/13504851.2012.748175
http://hdl.handle.net/10369/3714
Description
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