What impact would a US recession have on the gold price?
Regression and correlation analysis suggest there is no relationship between changes in US GDP growth and changes in the gold price. Consequently, a US recession would not have negative implications for the gold price. This reflects the unique drivers of the gold price and underpins gold’s role as a diversifying asset, even in times of recession. For more information see “What does a US recession imply for the gold price?” World Gold Council (www.gold.org).
