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.

Original languageEnglish
Pages (from-to)813-817
Number of pages5
JournalApplied Economics Letters
Issue number8
Early online date10 Dec 2012
Publication statusPublished - 31 Dec 2013


  • Gold
  • Information share
  • LBMA

ASJC Scopus subject areas

  • Economics and Econometrics


Dive into the research topics of 'London or New York: Where and when does the gold price originate?'. Together they form a unique fingerprint.

Cite this