Gold prices and currency dynamics: A bibliometric analysis

Abstract

Gold has been captivated as a wealth and store of value for centuries. The price of gold has tremendously increased from year to year. The volatility of the price of gold has greatly impacted the global financial system especially in terms of currency and stock exchange rate. In ancient times, gold had been used as a medium of exchange which later switched to fiat currency. The interchange between gold price and currency has necessitated this study to investigate the relationship between gold price and currency. Therefore, this study provides a comprehensive bibliometric analysis on the relationship between gold prices and currency. The study employs a Scopus database to extract the data from 1977 - 2025.  The database was filtered to include peer reviewed journals and a total of 169 documents were extracted. A software package Vosviewer is used to visualize the database in terms of keyword occurrences. Based on the Vosviewer map the study found that the most occurrence keywords are gold and gold prices with 68 and 41 occurrences. While for the citation analysis, the study employs Harzing’s Publish or Perish Program to incorporate and integrate the data.