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Duke University

Gold Market Foundations

The value of all the gold in the world is $25 trillion – yet very few investors have gold in their portfolios. Ironically, gold is the oldest financial asset, but it is poorly understood and under-researched. There are many stories about gold, but very little evidence. This course provides the evidence. After completing the course, you will understand how gold performs during equity market turmoil and during inflation surges and its role in a diversified portfolio. The course explores the reasons why the gold price has recently surged by focusing on the financialization of gold, central bank accumulation, de-dollarization efforts, questions about the status of the U.S. dollar as a reserve currency, and the potential demand shock if gold is classified in a future version of Basel III as an asset commercial banks can hold for regulatory purposes (central banks hold gold as a reserve asset and it seems contradictory not to allow commercial banks to do the same). The Golden Dilemma framework is also introduced to credible future price paths for gold. Finally, the long-term prospects for gold are detailed, given expected technological innovations.

Status: Supply And Demand
Status: Economics
IntermediateCourse4 hours

Featured reviews

NN

5.0Reviewed Mar 17, 2026

Excellent Gold market foundations learning... Sharp insight and concise material!

AA

5.0Reviewed Jan 18, 2026

Enjoyed the course, it is basic and insightful, gives a historical context, and provides knowledge of why gold is considered a 'safe-haven' for investment.

MG

5.0Reviewed Oct 31, 2025

Very structured course, rock solid reasoning and data. Loved it (despite already knowing the topic quite well)

PD

5.0Reviewed Jan 21, 2026

Very interesting material, from historical and analytical perspective.

All reviews

Showing: 13 of 13

LUIS MIGUEL RODRIGUEZ
5.0
Reviewed Nov 26, 2025
Carlos Puertas Vilchis
5.0
Reviewed Nov 4, 2025
Agnivo
5.0
Reviewed Dec 5, 2025
Shahpour Turkian
5.0
Reviewed Oct 21, 2025
Alessandro Nocivelli
5.0
Reviewed Nov 5, 2025
Yulian Wang
5.0
Reviewed Dec 18, 2025
Ahmed Arsalan
5.0
Reviewed Jan 18, 2026
Maurice Gravier
5.0
Reviewed Oct 31, 2025
Nasri Bin Najib
5.0
Reviewed Mar 17, 2026
Pamela A Duys
5.0
Reviewed Jan 21, 2026
Abhinav Lal
5.0
Reviewed Feb 25, 2026
Tom Ro
5.0
Reviewed Nov 23, 2025
Pedro C. Alvarez Vicente
5.0
Reviewed Dec 11, 2025