Gold adjusted for Purchasing Power Parity in USD, GBP, AUD, CAD, EUR and CHF
Comment of the Day

July 16 2020

Commentary by Eoin Treacy

Gold adjusted for Purchasing Power Parity in USD, GBP, AUD, CAD, EUR and CHF

Eoin Treacy's view

Gold is a monetary metal because it has been viewed as a store of value for millennia. The question therefore is how do we best measure its performance as a store of value? Afterall, the simply looking at its value in different currencies gives us an historical perspective but it does not illustrate how much the purchasing power of currencies has been degraded over time. In order to do that we need to create charts of gold adjusted for the purchasing power parity of various currencies.

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